Nov Investor
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I am PAYE worker and pay 25-30K tax each year. Job is fairly stable, Pension is up to max. Very high equity in own home.
I wanted to look at options to reduce the amount of tax I pay, and putting it towards a longer term investment.
I am considering buying a retirement home in a retirement village, that gives tax breaks against paye income.
Anything in particular I should watch out. What do people think of these schemes, as a long term investment.
Thanks
I wanted to look at options to reduce the amount of tax I pay, and putting it towards a longer term investment.
I am considering buying a retirement home in a retirement village, that gives tax breaks against paye income.
Anything in particular I should watch out. What do people think of these schemes, as a long term investment.
Thanks