Key Post What options are there for people to reduce their tax these days?

There are very few options open to reduce taxes. It has been argued several times on this site that our system is equitable. Whilst I agree with the sentiment pay your taxes and obey the law, but when the take of any taxation system takes that means having to pay more than 50% on any portion of income is counterproductive in the long term. It is a disincentive to get ahead, has people thinking up ways to re-balance the "unfairness" and does see the exit of some high self starting high potential earners to more favourable personal tax locations. Many tech jobs in particular can be carried out anywhere in the world.
 

Yes nothing wrong with taking up non residence I did not object . I do object to paying tax on a relatively small amount of savings at 41% when in the UK its only 20%. There should be less tax for small savers not a penal tax for those that save.
When you are nearing retirement age and will only have a state pension this tax bites harder.
 
 
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