We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Max withdrawal amount to stay out of higher rate tax

13»

Comments

  • HedgehogRulez
    HedgehogRulez Posts: 461 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    BikingBud said:
    By a hospital wing or a lifeboat?
    Beside the sea-side, beside A&E?
  • jimjames
    jimjames Posts: 19,283 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 14 January at 11:25AM
    BikingBud said:
    By a hospital wing or a lifeboat?
    For some reason the words "While American businessmen snap up Van Goghs" came to mind when you suggesting buying a hospital wing but that's going off at a tangent :smile:

    Good point about charity donations though. If the OP is making any donations, even smaller ones, that will increase their tax bands. Also bear in mind that future tax bands might be higher than now so more could be extracted at lower rates.
    Remember the saying: if it looks too good to be true it almost certainly is.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.