Sharing the Tax Burden

Summary


he rising tax burden that wewill all face from April 6 has TTfocused many people's atten -tion on reorganising their fi-nances to minimise both in -come tax and capital gains tax.

Some simple, legitimate reorganising of one's affairs can make significant sav-v ings in tax and there are numerous obvious opportunities for couples to arrange their affairs efficiently.

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Extract


Sharing the Tax Burden

It is worth remembering that the rate of income tax will rise to 50 per cent from April 6 for income in excess of pounds 150,000, which will include earnings, pensions, interest, rental income, div...

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