What Everyone Needs to Know about Tax: An Introduction to the UK Tax System

WHAT THE TAXMAN HOPES YOU WON′T FIND OUT

What Everyone Needs to Know about Tax is an entertaining and informative guide to the tax system in the United Kingdom. This easy to understand explanation of tax and tax policy is written for the layman, with no accounting or legal background necessary. It lifts the fog surrounding the latest political arguments and public controversies over taxation, including the effect of Brexit, whether multinational companies are unfairly avoiding their dues, the special privileges of ultra–wealthy non–doms and more.

Tax expert and historian James Hannam gives insight on every aspect of the tax system, along with practical case studies illustrating how taxation functions in the real world. He shows how taxes are kept as invisible as possible, why there are so many different taxes and how they almost all end up being paid by ordinary people. Having read this book, you will:

Above all, this book shows how, when it comes to tax, there are no easy answers. Make yourself a better–informed voter and taxpayer by reading What Everyone Needs to Know about Tax!

Introduction

Chapter 1 Taxes on your income and earnings

Chapter 2 Taxes on what you spend

Chapter 3 Taxes on what you own

Chapter 4 Taxes on business

Chapter 5 Taxes evaded, avoided and reformed

Conclusion

JAMES HANNAM, PHD, has spent twenty years advising clients on every aspect of the UK tax regime while working for firms including EY, Freshfields, and KPMG.