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 by completing the form below or calling us on 0161 477 6789 / 0203 174 1436 to see how we can help you mitigate any potential tax liabilities.