Written by one of the country's leading tax writers, this book is aimed at small businesses and fills a conspicuous gap in the market. Following the business lifecycle, it provides highly relevant information and advice on the real events that business people experience, whether self-employed or running a company. It builds on the Teach Yourself philosophy of passing on knowledge, so the reader gains a basic understanding of tax principles, the operation of the tax system and knows when to ask for help, rather than being told how to fill in forms or 'save' tax. It empowers the reader to transact with an accountant or the tax authorities on a more equal footing. An appendix provides a matrix for readers to complete with details of the new tax rates following each Finance Act, together with details of where this information can be sourced. It also provides links to other available information - building on free information available on-line, particularly from HM Revenue and Customs, there will be frequent Internet links to help the reader navigate the wealth of tax information available.