Lord Clyde famously said, in the case of Ayrshire Pullman Motor Services v IRC [(1929) 14 TC 754]: aNo man in this country is under the smallest obligation, moral or other, so to arrange his legal relations to his business or to his property as to enable the Inland Revenue to put the largest possible shovel into his stores. The Inland Revenue is not slow and quite rightly, to take every advantage which is open to it under the taxing statutes for the purpose of depleting the taxpayeras pocket. And the taxpayer is, in like manner, entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Revenue.a There is nothing illegal in avoiding tax and this book sets out 51 Top Tips to enable you to keep more of your income from property a be that income tax, corporation tax, capital gains tax or inheritance tax. It will also enable you, with the correct planning, to preserve the capital wealth that has either been created or arisen through price inflation. Whether you are taking the first steps on your property journey, whether you are a seasoned campaigner or whether you want to preserve the family wealth, this book is packed with tax tips and useful examples which will enable you to legally pay less tax, keep more of your property income a and increase your wealth.In the spring, the dairy company tellshim that thedrivehas deteriorated tothestate that, unless itis repaired, theirtankers willbeunable to call athis farm. Reluctantlythe drive is repaired. The tarmac wasremoved and the subsurface repaired.
|Title||:||Legally Avoid Property Taxes|
|Publisher||:||Powerhouse Publishing - 2014-09-02|