Paying more tax than you need to? These articles will help you keep more of what you earn and grow.
Key Topics Covered:
Offshore bonds, BR and tax wrappers
Strategic gifting
Capital gains vs savings income
Bed & ISA and Bed & Pension
Budget announcements and changes
This is the third in our trilogy exploring some of the most common pitfalls we encounter in financial planning, today's focus turns to tax. We look at 10 common mistakes and how to avoid costly errors.
The once-popular General Investment Account (GIA) has come under pressure in recent years. While GIAs have lost some shine, they’re far from redundant. For many clients, the ability to blend them with pension contributions to preserve basic rate treatment keeps them firmly in the financial planning toolkit.
The Autumn Statement looms and the usual crystal ball gazing and Westminster whispers have already begun. In this weeks blog we look at what might be coming – rumours, reality, and red herrings.
From April 2027, pension funds will no longer be exempt from Inheritance Tax – and in many cases, could be taxed twice: IHT on death, then income tax on withdrawal. For some, the combined hit could exceed 60%. However, there are steps that can help reduce or even avoid the so-called Double Death Tax.
Whether it’s restructuring accounts between spouses, using cash savings platforms to secure best-in-market rates, or taking advantage of tax-free returns via Premium Bonds or UK Gilts, the right strategy can materially improve after-tax outcomes—often with minimal effort and no increase in risk.
What’s the most tax-efficient way to take money out of your company? There’s no one-size-fits-all answer, but this blog explores proven strategies to help you extract profits smartly and sustainably.
The recent outbreak of trade tensions has sent global markets into a tailspin. Amidst this volatility lies opportunity, a new tax year offers fresh ISA and pension allowances—an ideal time to make strategic moves that enhance your tax efficiency.
These products were once overlooked – often dismissed as expensive and inflexible. But they’ve come a long way. Today, they offer a range of tax planning benefits and can sit neatly alongside pensions, ISAs and general investment accounts (GIAs) as part of a well-structured financial plan.
Investment gains have increased from 10% to 18% for basic-rate taxpayers and from 20% to 24% for higher-rate taxpayers. Now is the time to make the most of available allowances, reliefs, and exemptions.
Many parents face a costly tax trap when their income exceeds £100,000, causing them to lose valuable childcare benefits.
As one door closes, another one opens.
