We look ahead to your future plans and needs to ensure you are arranging your affairs in the most tax efficient manner
Reviewing your requirements & needs
The current tax regime is in a state of flux, and there has been an unprecedented number of policy and practical reviews of the current position by outside bodies and interest groups.
The current tax rules are in many respects highly benign. We do not recommend that you make gifts to family members or trust in their favour just simply to save tax.
However, we do recommend that you consider pragmatic and practical tax saving opportunities if these make sense in the context of your family. A first step would be for us to discuss with you your long-term objectives and complete a wealth planning health check.
We can review your income and capital requirements based on actual and forecasted income.
We can advise on the equalisation of income and capital between couples, as well as making provision for future costs such as care.
If you are thinking of passing on assets or looking at the consequences of selling your business we can provide advice for individuals.
Retirement planning goes hand in hand with the succession and exit planning, but we can also look ahead at ensuring you have sufficient income and capital to meet your future needs.
For more information, please contact us.
If you are looking to provide protection for your family shares or property, by using a trust or a structure for as a family partnership we can provide guidance on this.
We are pleased to work with your financial advisor to achieve the best outcome for you
Inheritance tax forecasting
If you are able to provide us with a summary of your current assets and liabilities we are able to provide you with a forecast, as well as planning ideas.
We can advise on the various reliefs that are available for tax purposes, so that a considered decision can be made as to whether they are appropriate to you.