Do you know what your next tax bill will be?

Taking one look at the multi-page tax calculation guide which accompanies the annual Tax Return is quite enough for most people.

Do you know what your next tax bill will be? Do you understand it when it comes? It is not uncommon to have no real grasp of what how the tax calculation works. Indeed, taking one look at the multi-page tax calculation guide which accompanies the annual Tax Return is quite enough for most people.

• Many people are mystified by tax and ask a whole range of questions in an effort to try to unscramble it for themselves. This is just a sample!
  
• I am self – employed, on my own or in partnership. How can I avoid the yearly dread of the January tax bill?
  
• Can you tell me more about how the self-assessment tax system works?
  
• I run my business through a limited company. How long before I have to pay the tax on this year’s profit?
  
• I own a number of rental properties. Am I paying too much tax on the rents I receive?
  
• I am employed. How exactly does Pay As You Earn work?
  
• My business has made a loss this year. How can I use it to my best advantage?
  
• I am thinking about investing in a pension for my retirement. What are the options open to me?
  
• I am thinking of disposing of an asset (maybe part of my business). What are the tax implications, and is there a best way of going about it?

Talk to us. We help you not only with theTax Return itself but, crucially, to understand your tax position.