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main | UK contractor | UK permanent | NZ solutions | Australian solutions |
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Myth number 1: There are no options available to permanent employees to reduce their tax burden and save more money. Myth number 2: Permanent employees get paid less than contractors in the UK |
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UK all the way
If you are going to, or currently, working in the UK there are lots of options available to you to save more of your hard earned money. Through generous pension allowances, contracting out and other allowances both permanent and contract employees can save a lot more. |
NZ - limited
For New Zealand residents there are very few options available. The introduction of KiwiSaver opens some possibilities although these are typically locked in until retirement. |
Australia - LAFHA
If you are a foreign national moving to Australia then it is time to get your living away from home allowance (LAFHA). LAFHA could provide you with a significant tax saving. |
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