Year end tax planning tips

With the Budget recently behind us and the next tax year about to begin on 6th April 2017, here are some of our top tax planning tips: Income tax Ensure income-producing investments are held by the spouse who has the lowest tax rate Make use of the transferable married couples allowance where one spouse is not fully using their personal … Read More

Tax tips – you still have time!

We’ve put together some ideas to help save tax before the current tax year runs out, plus some points for consideration to help you reduce your future tax bills. Of course, tax should be considered alongside commercial and practical decisions and not be the driving force in any major decision. If you’d like any further guidance, please contact [email protected] or [email protected] Personal … Read More

Year end tax planning tips – March 2014

With the end of the tax year almost upon us, here are some tax planning tips to consider: Tax Rates Income over £150,000 per annum is taxed at 45% but adding in the loss of the personal allowance can result in a top rate of tax of up to 60% for some. Individuals with income close to the thresholds could reduce … Read More