One good reason to mortgage the future

Today in the United Kingdom is the start of the new tax year. The United Kingdom’s tax year starts on the 6th April each year and ends on 5th April. Most people, unlike the taxman, reckon in calendar years. In the present calendar year, according to the Adam Smith Institute, people in the United Kingdom will have to devote on average 40% of their earnings in order to pay tax of one kind or another. Continue reading