0% Taxpayer27 Feb 2015 17:40
Generally the consensus seems to be take Option B for basic rate taxpayers and Option C for higher rate taxpayers. With caveats of course, as one size does not fit all. But what of nil rate taxpayers? Meaning British citizens, just those with income too low to pay tax? If Option B brings them into the basic rate tax bracket (I admit this is unlikely) would Option C be better or just opening up a can of worms, taxwise?