Share It And Save Tax

Published / Last Updated on 29/05/2002

According to recent research by IFA Promotions, British taxpayers could each save at least £90 a year.

Just by transferring savings and investments to partners, money could be saved and invested more tax efficiently.

IFA Promotion restated the golden rule - if the husband or wife does not pay tax or pays it at a lower rate, considerable savings could be made by transferring.

The only problem could be for couples who like to keep their affairs separate. In this instance, reviewing just how tax efficient your savings and investments are could still save you money.

Old article - other tax saving tips.

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