Tax

You may have heard about creative averaging for authors. The first question to ask is ‘why bother’? The idea behind creative averaging is to recognise that writing a book might actually take some time. During the time you’re writing a book you aren’t earning any money from it. Once it’s Read more…

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Many people are completely unaware that we have a stealth tax in the UK which is 60%. If you are earning in the bracket £100,000 to £125,000 then you will be paying 60% tax on this £25,000 slice of income.