Do you really need to pay higher rate tax?

“Whilst most people will agree that we pay tax to keep the country running, most of us would be happier if we could find a way to persuade the taxman to take a little less of our hard earned cash.” There is a simple way for most of us to pay less tax. It...

Pension funds can be very effective in estate planning 

We have featured the tax efficiency of pension fund investment in a number of recent newsletters. As well as the increased flexibility in terms of drawdown arrangements that were introduced in April 2015 there were some important changes to what happens to the undrawn...

Changes to Pension Tax Relief in the Budget?

There is again speculation about further restrictions to tax relief on pensions in the Chancellor’s Autumn Budget. With the Chancellor looking to increase tax revenues without increasing tax rates, a raid on pension savings is an easy target as the cost of pension tax...

Extracting cash from your business

The early stages of starting a business can often be the most challenging times you’ll face. You’ve got a ton of important factors to consider: Knowing when to recruit staff, finding and choosing office space, setting goals for turnover, achieving target sales, and so...

What is this “Dementia Tax”?

The Conservative Party Manifesto announcement and subsequent U-Turn on the requirement to pay for social care may have caused many voters to switch their allegiance in the June Election. Although this so-called “Dementia tax” is not strictly a tax, paying for social...