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I am paying too much tax

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    #11
    Originally posted by xoggoth View Post
    northernladuk is right. Most accountants in my experience aren't very proactive, they just answer any questions you ask and deal with what you send them.

    I probably lost out a couple of K on petrol on a company van I never knew I could claim for before I started taking a more active interest. The accountant knew I had a company van but never asked why I wasn't providing petrol costs. Do a bit of research, starting with booklets 490 and 480 from HMRC site.
    Good point. My experience of 'contractor accountants' and their 'proactive tax advice' does not extend beyond taking a low salary and the rest as divvy.

    Older and ...well, just older!!

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      #12
      If you're inclined to save yourself the most possible tax (legally), get yourself the Zurich Tax Handbook off Amazon and read it cover to cover.

      There's all sorts of ways you can legitimately reduce your tax, and all sorts of ways that are a bit greyer.

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        #13
        As a basic rule of thumb, if someone out of the probationary period doesn't respond within 3 posts, it's probably just a troll.
        Down with racism. Long live miscegenation!

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