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What do you do to be tax efficient? not avoidance or evasion but things I may not know.

1 reply

taxingtax · 30/01/2024 13:59

Doing the dreaded return and think that because i had a shit famine year of freelancing last year I could possibly have given DH some of my allowance.
I have a friend who has a fancy pants company electric which is apparently reducing some of her tax bill.
Also know some friends who claim back the proportion the mortgage via sq foot that is the home office of the house.

We don't have an accountant - maybe we should but wondering if there are anything else that others are doing so I don't cock it up for next year.

OP posts:
SonicAllanKey · 30/01/2024 14:01

You’ve reminded me I need to restructure our limited company now I’m employed 😭. That’s for tax efficiency. Need my grown up head for that. TBH I got an accountant as we have the corporate accounts as well and I’m not proficient to deal with those!

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