Tax planning
For most individuals, tax is likely to be their greatest lifetime expense.
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Controlling your exposure to tax is one of the most important aspects of a successful financial plan, and can dramatically increase your net worth.
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Our financial planners will help to ensure that your finances are structured for a tax-efficient outcome.
"Get in touch with Askaig Newington to speak to our financial planning team.
Our experienced professionals have a wealth of knowledge and a shared commitment to providing the best possible service to our clients.
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Whether you're looking to secure your retirement, grow your wealth, or navigate a complex financial situation, we're here to provide personalised advice."
Which taxes can my financial planner help to reduce?
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A financial planner will structure your finances in a way that reduces your exposure to three main taxes:
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Income tax.
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Capital gains tax.
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Inheritance tax.
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The combined effect of these tax reduction strategies, when practiced over many years, can be staggering.
What actions do I need to take to reduce my tax liabilities?
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There are a wide range of strategies that our financial planners use to help mitigate your tax liability, including:
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Ensuring that your investments are held within tax-efficient wrappers.
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Making use of the various tax allowances available.
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Structuring your income in a way that minimises tax.
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Recommending investments that provide income tax relief.
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Using investments whose income and gains are free from income tax, capital gains tax and/or inheritance tax.
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Ensuring that life insurance policies are written in trust.
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Book a meeting with a financial planner
Our initial meeting comes at no cost – it’s an opportunity for us to get to know each other and allows us to gain an insight into your current situation, goals, and objectives.
Our friendly financial planning team bring a wealth of experience and expertise. All our discussions are confidential, and you will never be asked to commit or sign up during our first meeting.
How to get in touch
6 Wrotham Business Park
Barnet
EN5 4SZ
Will this cause difficulties with HMRC?
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Our financial planners will never recommend or implement any tax reduction strategies that are illegal, unethical, or controversial.
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We only use well-established techniques that form financial planning best practice.
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We keep abreast of changes to rules and legislation to ensure that we continue to provide reliable and suitable advice
All information It is based upon our current understanding of current legislation and HMRC guidance. While we believe this interpretation to be correct, it cannot be guaranteed that such information is accurate as of the date it is received or that it will continue to be accurate in the future. Thresholds, percentage rates and tax legislation may change in Finance Acts and bases of, and reliefs from, taxation are subject to change and their value depends on an individual’s personal circumstances.
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The Financial Conduct Authority does not regulate Tax Advice.