It was Benjamin Franklin the American statesman who was quoted in saying "in this world nothing can be said to be certain, except death and taxes".
In the UK approximately 30 million of us pay income tax either through the Pay As You Earn (PAYE) system or through Self Assessment. As well as income tax, the government also raises funds from National Insurance, Value Added Tax (VAT), Corporation Tax, Business Rates, Council Tax, Capital Gains Tax, Stamp Duty, Excise Duties, Inheritance Tax and Pre Owned Assets Tax.
Many of us every year pay more tax than we need to through lack of understanding the tax allowances that are available to us and legitimate ways of reducing tax through careful planning. This guide provides information and services to help you through the tax maze.