![]() |
|
Boway > Tax Planning
Tax Planning
Every man is entitled, if he can, to order his affairs so that the tax attaching under the appropriate Acts is less than it otherwise would be
Lord Tomlin Duke of Westminster v Inland Revenue Commissioners - 1936 Income Tax This is the most frequently encountered tax, and many people pay too much, either out of ignorance or poor planning. Objectives: We can help you ensure that you are paying the right level of tax. We can help identify ways to save tax, and ensure that your affairs are run in a tax efficient manner. Inheritance Tax Inheritance Tax is a tax that is levied on your estate when you die and pass your estate to your beneficiaries. Objectives: To ensure that your affairs are organised in a manner that will make full use of your inheritance tax allowances and plan in relation to your will. Capital Gains Tax This is, to put it simply, a tax on capital gains. You have an annual exemption and will only face an actual bill if your gains on disposals of chargeable assets in any one year exceed this. Objectives: To ensure that you maximise the use of your capital gains allowance exemption each year by careful planning of your investments. Residence and Domicile Your liability to UK tax depends on your Residence, Ordinary Residence and Domicile. People who are UK born and bred here, and permanently living here are UK resident, Ordinarily Resident and Domiciled and thus need not concern themselves with the complexities of this area. Objectives: To ensure careful investment planning to take into account your current status. Boway financial solutions will help you with efficient tax planning of your investments...contact us for a free consultation.
|
Copyright ©2007 Boway Financial Solutions Ltd. All Rights Reserved. |