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IHT, Inheritance Tax, Reduce IHT, Tax Property Planning

Top 7 strategies to reduce your IHT liability

It was more than two centuries ago that Benjamin Franklin said there are only two certainties in life: death and taxes. Despite this being one of the best-known quotes of all time, and numerous methods available to reduce tax liabilities, people in the UK are about to pay the highest amount of inheritance tax that […]

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Higher-Earner, Higher-Rate, Pension, Tax Relief

How higher-earners can get 75.8% in pension tax relief

All higher-earners should be reviewing their pension arrangements to take advantage of some very generous, but short-lived tax reliefs, explains Simon Brookes, Director of Financial Planning at James Hambro & Partners. Apparently, you should never look a gift horse in the mouth because it’s a present. Taking time to check its teeth is therefore rude. […]

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CGT, EIS, Income Tax, ISA, SEIS, Tax Planning, VCT

Your tax planning
“Musts” to tackle
before year-end

If you haven’t started thinking about it yet, now is definitely the time to get your year-end tax planning affairs in order. Here, Aloysia Daros, senior tax manager, and Thomas Skinner, senior consultant, at Smith & Williamson consider a few key areas to focus on ahead of the end of the tax year on 5 […]

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What you need to know now to reduce your income tax bill

New figures have highlighted how much heavier the burden is for affluent individuals, but there are many ways to legitimately reduce your income tax bill, explains Lee Goggin, co-founder of findaWEALTHMANAGER.com. New research has shown that in the past tax year, the wealthy bore a greater share of the tax burden than ever before. Of course, what […]

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