icWales - How you can do your bit to stop wasting millions on the taxman

icWales - How you can do your bit to stop wasting millions on the taxman: "How you can do your bit to stop wasting millions on the taxman

Mar 8 2006

Marlene Shalton, Western Mail


It is that time of year again and IFA Promotion, the association that promotes independent advice, has the final results of its annual survey - Tax Action.

According to the survey, four out of five (82%) UK adults will waste an unnecessary £7.6bn in tax in 2006, £1.8bn more than in 2005. And despite 31 million (70%) of us claiming to resent rising tax bills, more than three quarters (78%) of UK adults admit to doing nothing to help reduce the amount they pay. The average UK adult will therefore squander £155 this year in tax."