Does anyone know of any sites detailing ways of avoiding tax on investments

Is it true that starting an investment company to hold shares can deliver significant savings?

Jimbo

an accountants take on this is that ultimately you have to be making big profits to cover the cost of most of these complicated schemes compared to the amount of tax you are saving. Ultimately there are some very simple rules to follow i.e use of isas, use of capital gains tax allowance (in both yours and spouses name) etc.

Ultimately there are very effective, legal ways of reducing your tax bill but most are only effective at the higher profit levels.

If you have anything in mind or want a taxation only (no investment) advice then drop me a mail

There are some straightforward ways of saving on CGT,
not mentioned above:-

- investments in AIM/OFEX companies are for CGT classed as unquoted
and attract CGT relief on gains of 50% after 1 year 75% after 2 years.

- a basic rate taxpayer with a large capital gain can occasionally do
some 'dividend washing', for example Tellings Golden Miller (TGM) is
shortly to give back investors 60p a share in the form of a special
dividend.....shares can be currently bought at about 1.15....when they
go xd the shares will fall by the 60p (approx) and a capital loss can
be established to offset other gains wehilst keeping the tax free div.

paragon,

how is that dividend "tax free"?

He means tax free in the sense that, the person is a basic rate taxpayer, hence no further tax liability on the dividend received.

Move to Holland. No CGT and cheap drugs and beautiful girls.

Noted