News archive for August 2015

Get clued up on tax evasion

August 27, 2015|By Financial Saviour

If you looked up the word evade in a thesaurus, avoid would be the first word to greet you underneath, not just alphabetically, but because it’s the most relevant synonym as well. So does this mean there is no difference between tax avoidance and tax evasion? Unfortunately, no.

We saw in our…

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Get clued up on tax avoidance

August 12, 2015|By Financial Saviour

If you asked a group of people about tax avoidance, there’s a good chance that a majority of the responses you’d hear are that it’s illegal, or cheating the system. Avoiding tax does sound like the kind of action that is indeed against the law, but the truth is simply this – it isn’t.

It does make sense though, that…

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