Tax Planning | Pension Drawdown Company

Tax Planning

When we give you investment and pensions advice a key objective in our role as Chartered Independent Financial Advisers is to minimise tax in whatever planning we undertake.

There are many opportunities to reduce personal exposure to Income Tax, Capital Gains Tax (CGT) and Inheritance Tax (IHT) or Corporation Tax for Limited Companies. All can be achieved with the benefit of a combination of foresight and the right professional advice. Occasionally, in more complex cases, we may need to refer you on to a specialist tax adviser in the tax department of a Chartered Accountants Practice.

Effective planning begins with identifying current and future potential tax liabilities and then establishing a desire to take the appropriate action to mitigate the situation. This can often be as simple as ensuring appropriate tax allowances are utilised or ensuring timing is considered and actions are accelerated or delayed as appropriate.

Where investments are being undertaken, whatever they may be, it is crucial to effective tax planning that regardless of what the underlying monies are invested in, careful consideration is given to the most appropriate investment wrapper. We will happily make recommendations to you based upon your current tax position and current tax legislation but also taking into account your future plans and when the investment is likely to be realised. Such planning may include investment related trusts.

Our advice is tailored specifically to individual circumstances.

Please feel free to contact us to see how we can help you mitigate any potential tax liabilities.

The value of investments and income from them may go down. You may not get back the original amount invested.

A pension is a long term investment. The fund value may fluctuate and can go down. Your eventual income may depend on the size of the fund at retirement, future interest rates and tax legislation.

Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from taxation, are subject to change.