By Lee Hadnum
With a high level of detail and a focus on practical tips for maximum tax management efficiency, this book by Lee Hadnum is essential for anyone who is looking to stay ahead of the tax curve. With sections on everything from income tax to dividends, this is a great guide for those who want a less onerous tax burden at the end of their trading year.
Even for very experienced traders, managing tax may be something that’s particularly difficult – and if you’re new to trading, then it’s even harder. The Investor’s Tax Bible: How to Slash Your Taxes When You Trade or Invest in Shares, Bonds, Options & CFDs by Lee Hadnum is designed to give traders an overarching yet insightful and detailed explanation as to how they can save as much of their earnings as possible from tax.
There are a range of tips outlined in the book, including ways that traders can be organized enough in advance to cut down on their capital gains tax bill. The author is a well-respected professional in the tax management field, and he has won awards for the quality of his chartered accountancy and chartered tax adviser services.
Casual traders or investors may find that some of the detail here is a little too much: the tax burden on small trading profits, for example, isn’t likely to be too onerous, and hence the advice may seem too detailed in parts.
However, regardless of the trading career stage of the reader, the level of detail on offer in this book means that it’s likely to provide some useful insights to almost everyone.
Length: 200 pages
Publisher: Taxcafe UK Ltd
Publication Date: June 7, 2011