Monday, May 18, 2009

Tax planning and human interest

A tax adviser confided in me recently that one reason she enjoyed her work was the human interest side of things. By way of example she told me of the new client who explained his existing trust structure. It had been set up for his future illegitimate children.

Apparently he considered it likely that at some stage in the future he would father children who would be illegitimate and he considered tax planning for this eventuality to be a priority!

What's the strangest form of tax planning you've ever considered?

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Songs that might have been about tax avoidance

Maybe these were the original titles of popular songs: April 6th Showers  Savin' All My Tax For Me  VAT's love got to do with it...