Today we launch Landlord Tax Tip number 4, which explores a simple mechanism. This shows how you can delay paying tax at the higher rate of 40%.
The example in the video below, explains the effect of making an additional AVC pension contribution to ensure that more of your taxable income is exposed to the 20% tax band, rather than the 40% higher rate tax band.
It is worth noting, that another similar mechanism to this is donating via the Gift Aid scheme.
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