ACCOUNTANT EXPLAINS: How to Pay Less Tax

People definitely need to be more tax-savy. Especially people that have a business. Great video.

why are people saying their pensions have recently greatly diminished ??

Brilliant presentation👏👏- new subscriber!

so if you don't work you pay no taxes

when you access your pension you pay tax (after 25% free) so its not tax free ??

Your videos are very useful and provide lots of information. I have received lots of help after watching this post, please continue to share this kind of information. Thank you.

Excellent video. Glad I discovered this channel.

Nischa, are you still using a broker trading212 for buying your shares?

Hi am I doing something wrong, I pay into a vanguard SIPP with after tax PAYE salary. Could I pay into my SIPP with before taxed income? If so can someone help please

Don't know if you already have done a video mentioning this, but, what can be offset when you purchase a buy-to-let property via a ltd company?

Thank you for all your videos, Nischa. Can you please make a video about dividend investing and the compounding effect associated with it? Thank you.

If I keep half of my wages underneath my mattress do I have to pay taxes on it?

very pretty thank you 💋

You get tax on everything you by as well like fags beer petrol diesel oill food from a tacke away shop car house police fire engine NHS and it just keeps going its around 80 pecent you get tax wen you work it all out as yes you have savings but wen you by something you get tax again on it

as a accountant, your very accurate

I would love if you made a follow up video on some of the things you mentioned (e.g. offshore accounts). Great content!

i dont see the point since they tax your pension anyway so you can't even take out your own pension money tax free.

Excellent, very clear and concise, especially for the UK. Would love to hear about setting up offshore accounts, property tax, stamp duty and absolutely on energy efficient cars. Wishing that I knew this stuff before I purchased my EV car. Looking forward to seeing more of your content. Thanks Nischa.

You are amazing 🤝

Reducing your tax liability is a smart financial move. It's all about strategic investments and leveraging tax-saving opportunities. I've seen significant benefits by diversifying my portfolio and taking advantage of tax-efficient investment vehicles. It's not about avoiding taxes, but rather optimizing them to maximize your wealth. I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made

To be honest, if your friend thought that about income tax maybe he/she does not deserve to earn more than 50k...

Thank you very much

i know your just

Hello

How exactly does one start seeking financial advice in their country?

Your are beautiful.😊

Please can you go more in-depth into setting up offshore accounts and the green car schemes

Please do off shore bank accounts

This is so amazing!

Please make more videos like this (especially tailored to the UK)

I had to draw a graph once to try and explain to someone why they should not turn down a pay increase they were offered because he too was of the belief that being paid a higher salary would result in a lower salary after tax. It seems to be a common belief.

Straight to the point and digested

Great vid - subscribed 👍

I am so eternally grateful for your explanation on tax brackets. This is mind-blowing! I've been through an economics at uni in the UK but it's never been explained as flawlessly as you do. Thank you once again! I am a big fan of your channel now. Keep it up! I'll be looking out for your content.

Wow. What an incredible woman.

Bemuses me that people need to be told they don’t pay a flat rate of tax on 100% of their income. And people genuinely turn down pay rises because of it 🤦‍♂️ we really need to teach people better in schools

Very good video Nischa! well done

or, cash in hand job muhaha

best to just call it Pay Role Deductions rather than Tax as the amount of deductions made is far hire than thought labelled as taxes.

I thought you would also talk about VCT…

Lovely video. Need more

Off shore account will be fantastic

I was working as a full time employee for a US company and I was in the UK. I never paid any tax and don’t even know where to begin

Looks like a Bollywood queen

maybe it's tax free when you put the money to your pension, but when you draw your pension you will get taxed anyway so what difference does it make? :)

Wide variety of expenses

From the celery structure that you just talked about as a self-employed, are you Able to invest in shares outside Isa. In order to reduce the tax liability from the salary.

I'm looking at buying a property. I have about 20k in my pension pot and I am wondering if I could use that to put down as a deposit together with some of my savings? I'm 35 years old. Thank you

As far as putting part of your salary into a pension, is it not the case that you get taxed anyway when you access that pension ?

Love your channel! Would love a video on stamp duty and managing property tax!