Tax & Allowances
There are two certainties in life it has been said, death and taxes. We look at the taxation aspect here and what allowances are available to minimise the effect of tax if any!
Tax Tax Tax
We have to be honest, Tax is always quite a dry topic and this section deals with tax and what allowances there are to reduce the amount of tax you pay. Useful, interesting, good to know but this might be a Monday/Tuesday topic, not for an upbeat Thursday (looking forward to the weekend.
Mitigating Tax
There is a difference between mitigating the effect of a tax (ensuring you pay the minimum amount due) and avoiding tax which we do not advocate. We can minimise tax where possible through being aware of and using our allowances, so this is what we focus on.
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