Information for those thinking of retiring, or recently retired

 


Reducing Tax

In approaching retirement, and in early retirement, you will of course be conscious of money issues. Although reducing tax is not the only thing you should think about when planning your finances, it can be worth some consideration. The main tax that you will seek to avoid may be income tax (especially if you pay higher rates), but don't forget inheritance tax and capital gains tax, both of which were changed significantly in 2007 by Gordon Brown.


 

Some useful links:

Book: ' Tax Avoidance'   A Practical Guide for UK Residents
Tax Avoidance   Use ISAs, Pensions, etc..
Reducing taxes   Don’t give away your money!


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