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  • One thing that has surprised me in recent times is the the handful of people I have met who choose to pay more tax than they have to.

    Not saying it's common, but some people who earn a lot do feel strongly about paying the same proportion of tax as everybody else.

    Speaking personally, while I don't claim to deliberately pay more than I need to, as a company director I draw a salary that is equal to my annual expenditure + 25% so that I don't lean too heavily on the dividend tax loophole. Just felt wrong when an accountant tried to convince me to draw a salary equal to the lower tax band. Why should I pay less tax for the same money than an employee?

  • One thing that has surprised me in recent times is the the handful of people I have met who choose to pay more tax than they have to.

    I did this to boost my earnings on paper to get a mortgage

  • I did this to boost my earnings on paper to get a mortgage

    That was part of my decision too. Its all very well being billy big bollocks and saving a few grand here and there using clever accounting, but if it massively reduces your mortgagability then its not much use to you.

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