It goes without saying that a key objective in our role as both accountants and independent financial advisers to our clients is to minimise tax in whatever planning we undertake.

There are many opportunities to reduce your exposure to Income Tax, Capital Gains Tax (CGT) and Inheritance Tax (IHT). All can be achieved with the benefit of a combination of foresight and the right professional advice.

Effective planning begins with establishing a desire to reduce a potential liability and taking one or a series of steps. 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 investment is, careful consideration is given to the most appropriate investment wrapper. Clearly the effectiveness of such should not only be assessed based upon a current tax position but also with thought to that in the future when the investment will likely be realised.

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.