I understand there could be a confusing line between tax minimization and tax avoidance in the spirit of the law.
Regarding, for example, husband and wife, where to minimize their tax bills, they reallocate assets between themselves in the sole objective to lower combined tax bill. Considering they belong in the same family. Can I have an example where this could be considered as tax avoidance? Just to understand the concept more.
Hi @p3t3r
This can get tricky. We're always here to help. Check out our further info on Tax Schemes, where you can get some more details.
If you need to check if your arrangement is lawful and a legitimate way to keep you tax to a minimum, follow the prompts though How to check your arrangement is legitimate.
would appreciate some feedback if possible.
thanks
Hi @p3t3r
This can get tricky. We're always here to help. Check out our further info on Tax Schemes, where you can get some more details.
If you need to check if your arrangement is lawful and a legitimate way to keep you tax to a minimum, follow the prompts though How to check your arrangement is legitimate.
Thanks. mostly got the idea from the articles.
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