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COLTRANE
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| Joined: | Wednesday June 2nd, 2004 |
| Location: | Virtualcity |
| Posts: | 5737 |
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Posted: Friday September 30th, 2005 14:58 |
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I think the following article understates what could happen, given the amount of tax breaks available:
http://www.timesonline.co.uk/article/0,,2-1804704,00.html
"Sipps are do-it-yourself pension pots where taxpayers make their own investment decisions. Hundreds of thousands of well-off people are expected to exploit the new tax perk. In future, a higher-rate taxpayer buying a £100,000 property through the scheme would receive a £23,000 refund personally and a further £28,000 refund - A total of £51
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“Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it.� -Malcolm X
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