Tax planning involves taking advantage of available deductions, exemptions, reliefs and other tax benefits within the legal framework to reduce the amount of tax you, or your family, owe.
We know that the rules around Inheritance Tax and Capital Gains Tax can be confusing and complicated, which can lead to money being lost unnecessarily. To us, our clients are like family, and we want to make sure that you can benefit as much as possible from the money you have earned. When you use our tax planning service, we'll work together to strategically manage your income, investments and assets to limit the amount of tax you, or your family, will owe.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
At Lester Brunt, we set ourselves apart from other wealth management companies. We’re a family-run, family-orientated business and want to make sure our clients have a genuine understanding of all the services available to them, creating a fairer, clearer world when it comes to money and finances.
For more details about services that we offer reach out to us on 01202 695801, or click the button below.
Less well-known is that children can also have a pension fund as soon as they are born – and setting one up can bring significant tax advantages. Even if your child is a non-taxpayer, they will still get basic-rate tax relief on contributions. That means a maximum of £2,880 a year is automatically grossed up to take account of tax at 25%, giving an annual investment of £3,600
