Tax Planning

Benjamin Franklin once famously said: “There are only two certainties in life – death and taxes”. Whether it’s income tax, capital gains tax, inheritance tax or corporation tax, the taxman plays a significant role in our lives, and the taxation system in the UK is notoriously complex

The tax system can often seem complex and whilst we cannot totally avoid paying tax many people and organisations pay too much tax, or miss out on opportunities to reduce their tax. We offer practical advice designed to help you avoid paying more tax than you need to.

Many strategies can be employed to reduce exposure to tax. This can often be as simple as ensuring appropriate tax allowances are utilised or making sure timing is considered in relation to financial transactions. We also carefully consider the most appropriate investment vehicles and tax wrappers for you, many of which can be blended to generate additional savings.

Successful planning not only requires a clear picture of your current tax position, but also a good understanding of what your future financial position is likely to be.

We work closely with our clients to provide both ongoing and year-end tax planning, helping to position their finances in a flexible way so that they can make the best use of available allowances and opportunities available to them in order to increase and preserve as much of their wealth as possible.

Where appropriate, given your circumstances, we may recommend that you employ a range of tax strategies, including on-shore, off-shore and trusts based solutions.

The value of pension and investments and the income they produce can go down as well as up and you may not get back the full amount that you originally invested.

Past performance is not a guide to future performance.

The Financial Conduct Authority does not regulate Taxation Planning, Inheritance Tax Planning or Trusts.