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How does stoozing effect tax if you are using an offset mortgage as a stooze pot?


  • It shouldn't. It would be just the same as if you swept your own savings into an offset mortgage. That's legal tax aviodance or else banks would not be offering it for five minutes. The only difference with stoozing is that you are using borrowed money to do this. If you had to pay interest on the borrowed money the lender would have to pay tax on that. In effect, there is a 'zero percent' tax rate on stoozed-borrowed money
    .....under construction....
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