Shape up your tax and wealth planning with a thorough health check
With good planning you can be confident you have arranged your affairs tax efficiently and provided for your future needs
The tax regime is in a state of flux, subject to an unprecedented number of policy and practical reviews 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 simply to save tax.
However, we do recommend that you consider pragmatic and practical tax saving opportunities if these make sense in your family context.
As a first step why not discuss your long-term objectives and complete a wealth planning health check with us?
The health check is an opportunity to consider your requirements and needs. We will review your income and capital requirements based on actual and forecasted income.
We will 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.
Retirement planning goes hand in hand with succession and exit planning, and 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.
Our aim is to be a seamless part of your professional team, and 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.