Welcome to our Tax section
'In this world nothing can said to be certain, except death and taxes'. This famous quote may be true, but there's no reason why you can't find ways of reducing your tax bill. Our guides can show you how.
Gifts exempt from Inheritance Tax
Many gifts are exempt from tax so make use of these exemptions:
Read moreUsing the annual Capital Gains Tax exemption
In 2007/08 the capital gains tax annual exemption is £9,200. If you can structure your financial affairs to give you gains each year that do not exceed this figure, you effectively have extra tax-free income.
Read moreSeven steps to saving inheritance tax
With the boom of property prices in the last decade, more and more ordinary families are being hit with paying inheritance tax of 40 per cent on any assets they inherit from their loved ones.
Find out how you can take action immediately to save inheritance tax.
More on MSN Legal Self-Help
Further information
- Tax Answers at a Glance
- £10.99
- 2008/09 edition
Minimise tax liability with these clear questions and answers, advice and insider tips from leading experts in the tax field. - Read more
- 101 Ways to Pay Less Tax - 2008/09 edition
- £10.99
- 2008/09 edition
Lower your tax bill with this book of easy-to-follow hints from a team of highly regarded chartered accountants. - Read more
- How to Understand Acccounts
- £9.99
- Boggled by figures? Learn how to interpret your business' accounts with this easy-to-understand guide.
- Read more
