I'm about to start a new job with a tier 1.5(ish) consultancy and will be just into the 40% tax band. I was wondering if anyone had any tips to improve my quality of life versus that of the taxman. The bases I have covered already:
- Pension contributions (but I only want to put in enough to get the matched contributions from my employer)
- Buy extra holiday (reducing my overall salary, this should reduce the amount of money I pay 40% on)
- Buy a bicycle through the tax free scheme (This is good in year one, but I don't know how many bikes I need).
- I heard there might be a tax free computer scheme?
Anymore ideas much appreciated.