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Income Shifting

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    Income Shifting

    "The Government firmly believes it is unfair to allow a minority of individuals to benefit financially from shifting part of their income to someone else who is subject to a lower rate of tax - known as income shifting. The Government has consulted on this issue, but given the current economic challenges is deferring action on income shifting and will not bring forward legislation at Finance Bill 2009. The Government will instead keep this issue under review."

    Looks like we got another year out of it.

    #2
    glad i ignored my accountant's advice and gave my wife shares, then....
    Originally posted by BolshieBastard
    You're fulfilling a business role not partaking in a rock and roll concert.

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