Tax-Efficient Finances
Structuring your Finances Tax-efficiently
The UK tax system is notoriously complex and constantly changing. Staying up to date is crucial as are the benefits of structuring your finances tax-efficiently as the impact that this has can be huge. We help you to do this - ensuring you are making the most of the available allowances, so that you won't pay any more tax than you absolutely need to.
Our Tax Planning Solution
Making the most of your tax allowances
Various tax allowances and reliefs are made available by the Government each year. We structure your finances to ensure you are making the most of those allowances that are relevant to your particular circumstances, including: Income Tax, Capital Gains Tax, Dividend income, contributions into ISAs, pensions and other savings accounts.
Ensuring your investments are tax-efficient
We structure your investments tax-efficiently. At the simplest level this may mean using pensions, ISAs, General Investment Accounts and Bonds. Where greater levels of complexity are required it may involve setting up more sophisticated tax-advantaged investments.
VCTs, EIS and other Tax Advantaged Investments
We can assist with more sophisticated tax-efficient investments, such as Venture Capital Trusts and the Enterprise Investment Scheme. These investments offer investors exceptional tax benefits as an incentive for their high-risk nature*.
Saving tax when it comes to retirement
Whether you are saving for retirement or are already taking a retirement income, we help to make the most of the tax allowances available to you - including pension contributions; pension carry-forward; pension lifetime allowance protection; taking income from your other accounts, such as ISAs; and leaving your pension untouched with the intention of reducing Inheritance Tax.
*VCTs, EIS and other Tax Advantaged Investments are regarded as higher-risk investments as they are highly illiquid and it may therefore be difficult for investors to realise shares that reflect the value of the underlying assets. Tax levels and reliefs may change and the availability of tax reliefs will depend on individual circumstances. They are only suitable for UK-resident taxpayers who can tolerate a high level of risk over an investment time horizon that is greater than five years. They ought to be considered only once all other planning opportunities have been fully explored and should only ever form a small part of your overall investment portfolio. Risk warnings in any suitability document must be carefully considered.
The Financial Conduct Authority does not regulate tax planning.
The value of your investment can go down as well as up, and you can get back less than you originally invested. Levels, bases of, and reliefs from, taxation may be subject to change and their value depends on the individual circumstances of the investor.