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Some tax loopholes under the spotlight


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The new government is likely to be looking at ways of increasing revenue.

This article in Le Figaro explores some of the tax loopholes that are costing money:


The two most likely to have an impact on posters here (if they were to be changed) are

VAT on house repairs, and the 10% tax allowance on pensions, which it is claimed has no reason to be since for working people it is supposed to compensate for costs they incur while working, which retired people don't  have.

It remains to be see what proposals will be made, but these are areas being looked at.

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