Legally Avoid Tax

You might be asking why on a pension website there’s information about legally avoiding tax.  Well, we are independent financial advisers, dealing with many clients and not just their pensions, we also provide investment and help to avoid tax legally. 

You may be able to avoid tax on your earnings, rental income, pension income, capital gains and even inheritance tax…

Which taxes can be avoided or reduced?

  • Avoid Income tax. Many of us dread the end of January (and July) when we have pay our tax bills. But for many people, with careful planning the amount of tax can be reduced. 
 
  • Avoid Capital gains tax. This seems to be a tax that the Government has been targeting more and more, with reduced allowances and higher rates for certain assets. It is probably true to say this is a more problematic tax to avoid or reduce, but some options are available. 
 
  • Avoid Inheritance tax.  With rising house prices more and more people will potentially be subject to inheritance on death. It can easily be avoided by giving away assets (and living seven years), but that it not a solution everyone wants to do.   

To find out more visit our other website

www.avoidtaxlegally.co.uk

Avoid Income Tax

Income tax is paid on most earned income in the UK. The highest rate is 45%, although technically once income exceeds £100,000 you will incur income tax at an effective rate of 60% with the loss of the personal allowance...

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Avoid Capital Gains Tax

Capital Gains Tax (or CGT for short), is usually paid on the sale of assets, most commonly shares or a second property. It can also be charged if you give the asset away – both a sale and giving it away would count as a disposal.…

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Avoid Inheritance Tax

Inheritance tax is a tax paid on death on assets. There are some exceptions, but if the tax is applied it is normally at a rate of 40%. Inheritance tax is often referred to as IHT for short. But there are methods that can be used….

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If you want to discuss your pension, want advice, have a question, or just want to have a chat about it with a UK Qualified Independent Financial Adviser, then  phone now on 01793 686393 or contact us online.