We really need to make sure that we use the correct terminology when discussing tax, particularly in relation to tax avoidance and tax evasion. It’s really quite simple. Tax avoidance is legal and tax evasion is not. Tax avoidance is about arranging your affairs in such a way that you pay as little tax as possible. Tax evasion is about…
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I have some questions for you on private letting of houses. I’m really confused what to do for the best. I have worked really hard and now own 2 properties which currently have tenants in them and which I have lived in for a number of years. I moved out of my last house which currently has a residential mortgage…
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When George Osborne introduced the new ‘pension freedoms’ that come into force in April this year he told the House of Commons that it was right that people got to use their pension investments however they wanted and whenever they wanted. Well as soon as they reach 55 that is. From April this year you will indeed be able to…
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Major changes to pensions are coming in the next few weeks, and thousands of soon-to-be pensioners are really looking forward to getting their hands on money that they thought was going to be locked away for years. But while the Government has been talking about freedom and flexibility there is a downside they are not really telling us about?
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