Legally Pay Less Tax - Money Tips 365 Day 16 Tax

Legally Pay Less Tax   There are two certainties in life, death, and taxes, as the old saying goes.   Legally mitigate your tax liability to pay as little tax as possible as allowed within the law.    This means taking advantage of tax breaks and allowances, for instance by maximising your savings into tax free ISAs and pension plans.   It also means adapting to changes in the tax laws, like George Osborne‘s section 24, tax hike, or Jeremy Hunt’s tax on landlord to rent out furnished holiday lets.    If necessary, seek advice from an independent financial advisor or accountant, especially if you are self-employed or running a business.   The law allows you to legally pay as tax as possible, but not illegal tax evasion. Section 24 Tax Hike Solutions Revealed By Property Accountant Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email [email protected] for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s In this 45 minute interview we discuss: ·        What is Section 24 and when did George Osbourne introduce this tax hike on landlords? ·        6 options available to landlords with buy-to-let properties in their own name ·        What is classed as a property business and property partnership? ·        Ramsay v HMRC (2013) case explained ·        Incorporation Relief, Stamp Duty, CGT (Capital Gains tax) and much more… Over 29,000 people signed a petition calling on the government to reverse this unfair tax o landlords to no avail.  Find out what you can do in this video. Email [email protected] for a free consultation on how to deal with Section 24. Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   #tax #section24 #savetax #pensions #ISA #holidaylet #money #moneytips #timemanagement