MHT#8 - A Taxing Problem

Money Hat-Tip Personal Finance Podcast - A podcast by Nick Lincoln

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  In this episode, Nick contrasts the Greek approach to taxes (don’t pay them, basically) with the British system of Paye As You Earn (PAYE), where taxes are “skimmed” off the top of your pay before you even receive it. Liking our system of PAYE to the Las Vegas of the 1960s and 1970s, Nick outlines just how much tax we pay - and then gives some basic commonsense ways of (legally) reducing your tax burden. For many people, tax is their single biggest cost - and every penny of tax (legally) saved is a penny more for you! LINKS: Las Vegas and The Skim: immortalised in 1995’s film “Casino” Online tax-calculator ========== Any comments or feedback gratefully received. Likewise with suggestions for future shows. Get in touch with Nick on Twitter or via good old email. AND LEAVE A FIVE STAR REVIEW ON iTUNES - OR ELSE. @HatTipNick [email protected] www.v2vfp.co.uk