Estates, Taxes & Trusts
The UK tax system is famously complex, but organising your finances in a tax-efficient way can deliver significant benefits.
Focus on the important things
Tax efficient investments
An integral part of tax planning is placing your money in tax efficient investments.
• Pension• ISA, JISA, Lifetime ISA
• Enterprise Investment Scheme (EIS)
• Venture Capital Trust (VCT)
• Seed Enterprise Investment Scheme (SEIS)
Making the Most of Your Tax Allowances
Each year, the Government provides a range of tax allowances and reliefs that, if used effectively, can lead to substantial savings. We can help structure your finances to ensure you take full advantage of these opportunities, including allowances for:
• Income tax• Capital gains tax
• Dividend income
• Contributions to ISAs, pensions, and other savings accounts
Please note that tax rates and reliefs depend on your individual circumstances and are subject to change.
Estate Planning
Estate planning is about ensuring your assets are passed on according to your wishes, both during your lifetime and after your death, in the most efficient and effective way possible.
A key element of estate planning is managing inheritance tax (IHT). Starting early and putting a well-thought-out plan in place can significantly reduce the impact of IHT on your estate. However, estate planning goes beyond just tax considerations.
It also ensures you have the financial resources to support your lifestyle and cope with any unexpected events. With a clear plan, you can make confident financial decisions such as gifting money during your lifetime while enjoying the satisfaction of seeing the positive impact on loved ones and causes important to you.