Whatever your stage in life, whether you are earning as an employee or business owner, have inherited wealth, or are considering how to manage your retirement funds, tax is one of life’s certainties.
What many people are less clear about is how to minimise their tax liabilities now, and later on.
If you’re a higher or additional rate taxpayer, in particular, understanding your tax allowances and liabilities is vital, as small details could make a big difference over time.
As part of our financial planning advice, your Talis IFA will look regularly with you at your complete financial picture to identify opportunities for structuring your finances in the most tax-efficient way for you.
We’ll keep you up to date with changes in tax regulation that might offer you opportunities to use tax-free allowances, as well as help you avoid any unpleasant surprises when you submit your tax return.
While looking at how your investments and savings are performing, we’ll also keep you aware of any capital gains tax (CGT) implications.
If you are approaching retirement, your Talis IFA can help you to decide how and when to access your pension and other retirement savings, and in what order.
And our Estate Planning advice will enable you to understand whether you are at risk of leaving your loved ones with an inheritance tax (IHT) liability, and how to mitigate it.
For business owners, we’ll look at the most tax-efficient ways of using the money in your business to benefit you, your family and your employees.
James and his team have helped me with a number of issues this year from pensions management to a re-mortgage. The team has been professional and responsive and I have been very grateful for the support they have given me and my family.
John’s skills lay in the strength of his communication on a one-to-one basis and also with his ongoing emails during the process. My wife and I would highly recommend this company and the services of John Symonds.
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