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  • Profile photo of npgnpg
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    @npg
    Join Date: 2007
    Post Count: 1

    Do you have a life partner? you can form a company (as my wife and I have) and the profit of 20,000 (40,000 – 50% break) can be divided amongst individuals who form the company and the company itself and therefore each portion of the profit is subject to a lower tax bracket. Probably dosen't make sense so make sure you speak to an accountant who specialises in the subject. don't forget if you re-invest the profit into your next investment it wont be taxable untill your next profit and so on and so on………but speak to an expert!

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