Publisher's Synopsis
The proposals for simplified assessing of personal tax have caused an upheaval which will increase the complexity of tax compliance and planning. This guide offers advice to help people understand the new rules. It provides: expert commentary on how the new rules will work in practice; coverage of the transitional rules; analysis of the changes for the self-employed and partnerships; insight as to how simplified assessing will evolve; guidance on how to take advantage of all tax planning opportunities; and worked examples to further illustrate the points discussed.