Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

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 char