Would someone please sanity check this plan for avoiding IHT and income tax in retirement (EIS+UFPLS

AlanP_2

Workerdrone said:

kinger101 said:

Don't let the tax tail wag the dog.  Many of the tax efficient schemes like EIS leave one severely restricted in the types of assets one can invest. 
Same with the business exemption schemes for IHT.  60% of a fund that has actually grown can be worth a lot more the 100% of one that hasn't.  You only have to look at the FTSE AIM vs a global index to get the idea.

Im really just playing with ideas at this point. This forum is a great place to get different viewpoints. Your point on staying invested in a fund which grows is well made. I suppose I am just angry at the ideology of the current government and have no desire to fund them. Spite, certainly, Perhaps I am better just staying invested and finding a charity to bring me to below the iht threshold.

If people only paid tax to governments whose ideology they agreed with then tax rates would be above 100% at guess as only about 30% of eligible voters would be paying.