Your complete guide to taxation
- Created:
- 16 June 2008
- Written by:
- Rosie Carr
Tax in the UK is a heavy burden – and it's paid pretty much from the cradle to the grave. But, with careful planning it is possible to cut the amount of tax you pay. Your family will be better off and your investments will grow faster.
The articles found in this section explore how we can tax invest and save tax efficiently, and how we can plan and rearrange our finances to keep the taxman out of our affairs.
We kick off with ways to avoid inheritance tax – IHT is a deathbed tax that's no longer a problem for rich people only. The good news that although the government has been sewing up tax loopholes here, there and everywhere, there is still plenty you can do to avoid this hated tax.
Next we look at ways to minimise the various taxes you must pay on property you own, whether it's second home for your own use, a holiday home or a buy to let.
Capital gains tax is a issue mostly for equity investors but anyone who owns an asset can be liable. We explain how the tax is calculated and how to avoid it.
Finally, there's a section on tax and your savings and investments. We look at how you can use Isas, Child Trust Funds, VCTs and pensions to shake off an unnecessary tax burden.
MORE INVESTMENT GUIDES:
Alternative investments (including property):
Funds
Retirement planning
Shares
Short-term Trading