Tax planning affects all aspects of your financial planning. It is too complex to explain the issues and solutions on one page. Here is a list of some of the areas that tax can affect...
- Capital Gains Tax on your savings and investments
- Income tax on your savings, pensions and investments
- Inheritance Tax on your death or when you make gifts
- Tax relief on your pension contributions
- Tax free lump sum from your pension fund on retirement
- Tax free growth on your savings
To make sure your finances are organised in the most tax efficient way we need to work with you to ensure that you enjoy all the tax advantages that are available whilst growing your wealth and then to protect that wealth from being taxed unnecessarily.
If your tax affairs are more complex we will work with your accountant to ensure that you are taking advantage of all the tax allowances and reliefs that are available. We also have strategic partnerships with Accountants that we can refer you to if you need their specialist advice.
We can also advise on the use of different types of Trusts that will allow you to protect your investments from unnecessary taxes. If your situation is complicated then we can recommend specialist solicitors who will ensure that the correct Trust is used.
The aim of tax planning is to arrange your financial affairs so as to minimise your taxes. There are many ways to do this.
If you would like to discuss your tax planning options please contact us.