Tax Planning
When arranging any financial planning the impact of tax will play a major factor in your decision process.
Tax planning is probably the most sought after area of advice required for individuals and businesses as nobody likes paying it.
With the imminent arrival of the new 50% tax band and the capping of the 40% tax relief on pension contributions coming into play from 6th April 2010, getting the right advice can potentially save thousands every year.
At Generation Financial Services our advisers fully understand the complex and ever changing world of Her Majesty’s Revenue & Customs (HMRC). Working closely alongside accountants and tax specialists we aim to incorporate tax planning within all our recommendations to ensure our clients pay as little or no tax as possible.
Whether it's simply making use of the tax allowances available or taking advantage of the well known tax efficient structures such as ISA accounts or Pension plans, we can ensure that our clients can reduce, defer or even eradicate their personal or business tax liabilities.
Where possible, depending on our clients circumstances, knowledge, and experience, further tax benefits can be enjoyed by using more the complex tax structures such as Venture Capital Trusts (VCT's), Enterprise Investment Schemes (EIS's) and Employee Benefit Trusts (EBT's).
Our advisers continually thrive to stay ahead of the game by attending numerous courses and meetings with organisations specialising within the tax planning environment so we can pass on our knowledge and expertise to both our new and existing clients.
We offer advice and assistance on the following tax planning structures-
- Venture Capital Trusts (VCT)
- Enterprise Investment Schemes (EIS)
- Employee Benefit Trusts (EBT)
- Employer Funded Retirement Benefit Schemes (EFRBS)
- Enterprise Zone Property Trusts (EZT)
- Non Domicile Tax Planning
- ISA accounts
- Pension Plans
- National Savings
The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, tax advice, trusts or redundancy counselling.
