Your Guide to Tax Year Planning
We all need to pay our taxes however according to Unbiased UK taxpayers are expected to give away around £4.6 billion in unnecessary taxes.
Yet there are legitimate opportunities to help you reduce your tax bill. You may be unaware of the opportunities, how to take advantage, or simply not had the time to take action.
With the end of the 2016/2017 tax year fast approaching we wanted to highlights some key tax planning opportunities.
Download Your Guide to Tax Year Planning
There is no doubt that Tax is a complex area. If you have multiple sources of income and/or run a business. However many end up paying more than they should out of fear of paying too little tax .
The most common areas where we find tax planning opportunities are:
- Tax -efficient Savings
- Retirement planning
- Inheritance tax
- Capital gains tax
A good independent financial adviser or an accountant will help you identify tax planning opportunities. Even small tax planning steps can add up to a significant saving in the long term.
If you would like to explore the options available to you in preparation for the 2016/17 tax year end, please contact us on the number below:
Please note that the Financial Conduct Authority does not regulate some forms of tax advice.