Thursday, 14 April 2011

Use your Tax allowance!

We all have a new larger tax allowance of £7475, meaning that many of us will pay less income tax.  But are you making full use of yours? 

Every adult has this tax allowance, if you are self employed and your partner doesn't work, why not look at making them a partner in the business? 

Why?  This would mean you can use their tax allowance against tax and reduce your tax bill at year end

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