Kostadin, thank you for your prompt reply.Investing in gold and/or shares would not reduce your tax bills these are investments and not an expense, I'm afraid.What you should consider (if not already done) is putting money into a pension plan as your contributions into a personal pension plan would attract tax relief at your marginal rate of tax. If you are paying tax at 20% then for every £800 you put into a pension plan the tax man will top up with £200 and your pension contribution would become £1,000.
More information on tax relief on pension contributions can be found here
I hope this is helpful and answers your question.
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