I run a business (a partnership) so we are taxed based on annual profits. I am planning on buying a property (we currently lease) but of course I will need a large deposit (I have been advised around 25% of sale price is expected as a minimum on business mortgages).
However, if I save the money I get taxed on it at year end - how do I get around this? Is there some way of putting money into a fund that is tax free? It seems daft that around 30% of all savings will be taxed and it will just make it harder for us to save for the property!