Quick link to an article on the times.com website entitled "Save your family £200,000 in tax over your lifetime". What I like about this article is that it demonstrates how easy it is to waste so much money unnecessarily.
Two of the recommendations are really straightforward and should be a no-brainer to committed savers:
- ISAs (Individual Savings Accounts)
-
Pensions
Both offer excellent tax breaks on savings and investments. The other recommendations are a little more complex, but well worth investigating with your financial advisor.
Click on this link to read the article: http://www.timesonline.co.uk/tol/money/credit_clinic/article6688903.ece
