Tax rates are going sky high and a number of people have to pay a significant amount of their income as taxes. How to pay less tax without getting punished?" is a question that most people would be seen asking during their tax consultation session. The fact is that there are two ways you can check for government tax relief schemes but they are few and far between. The more viable option followed by most people to take advantage of tax law loopholes. This is primarily done to reduce income tax but if you ask a tax planner, How to reduce income taxes?, the only reply would be to exploit the income tax loopholes.