A comprehensive round-up of tax efficient investments and strategies to protect your wealth
Over the next two decades, an estimated £5.5 trillion is set to pass from Baby Boomers to Millennials and Gen Z – who are increasingly seeking financial advice to navigate the complexities of inheritance tax and estate planning to effectively preserve this wealth.
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With the current tax environment in the UK being fluid and subject to change, Family Investment Companies (FICs) offer a flexible and tax-efficient way to preserve and grow wealth for future generations.
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Paying taxes may be a certainty, but the amount you end up having to pay is not. It’s time to just stop accepting ever-rising tax bills if you haven’t taken action already.
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What is an ISA and how much is my allowance? In simple terms, ISAs (Individual Savings Accounts) and their Junior equivalents are tax shelters for your savings and investments. Interest earned on other savings (or current) accounts may be liable for income tax once an individual’s Personal Savings Allowance has been reached. Basic rate taxpayers […]
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