2 November 2009

Don’t Pay Tax! … if you don’t have to

The National Audit Office has estimated that around 3.2 million older people do not claim available tax allowances. Average income could be boosted by 4% they reckon.

That includes around £200m too much tax paid because people did not have savings income paid gross when they were entitled to.

Here’s a link to use, including one to the R85 form which will get you tax-free savings income (if you are entitled!).

Reminder: This is not personal advice - you should take your own advice from a qualified financial adviser before making any decisions. Information given is my personal opinion and not that of any organisation I am connected with.

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