Tax Efficient Investment and Savings
It is important for all clients to be aware of legitimate tax efficient savings opportunities. Individual Savings Accounts (ISAs) continue to offer generous annual allowances which can be achieved by monthly or lump sum investment.
Tax efficiency alone however should not be regarded as the sole driver in terms of where capital is invested. We are keen to ensure our clients have the facility to monitor the performance of their investment and be able to make cost effective switches when appropriate. This further promotes the value of platform arrangements.
The capital gains tax exemption is often overlooked a part of a financial year-end planning strategy. Any gains achieved within the annual exemption are essentially tax-free and any further gains can potentially be offset against capital losses.
