Minimising unnecessary tax liabilities is crucial to successful wealth management and we can suggest various strategies to help you accomplish this.
For higher and additional rate taxpayers, there are interesting financial planning tools available to help you reduce your tax bill.
By investing in early-stage, UK private companies selected by leading venture capital firms, you can receive 30% of your investment amount back as an income tax reduction.
Commonly referred to as Venture Capital Trusts (VCTs) or Enterprise Investment Schemes (EIS), this type of investment has been around for over 25 years and is a well-established tax efficiency mechanism.
Importantly, these products can carry considerable investment risk and the tax advantages can depend on individual circumstances and government policy. This is why expert advice is essential.
If you’d like to discuss your specific needs and ambitions and find the right advice for you, complete the contact us form and we’ll be in touch shortly.