Get independent tax advice
Tax is an unavoidable part of life, so it makes sense to get the best tax advice so you know exactly what you owe the taxman - and more importantly what you don't.
There are numerous ways in which you can avoid paying too much tax. An IFA offering tax planning advice might tell you that bumping up your pension contributions before the end of the tax year is a good way to gain generous tax relief and benefit from the tax-efficient treatment of pension funds. An IFA specialising in savings may recommend that you put your savings in an Individual Savings Account or transfer money to your partner who is in a lower tax band.
An IFA can also help you minimise the Income tax and Capital Gains tax you pay whilst mitigating future Inheritance tax bills.
Use the search at the top of this page to Find an IFA in your local area who will be able to advise on tax related issues including tax planning and returns.
Further information on Tax can be found in the following guide:
You can also check out how much tax you could currently be wasting on our ‘Tax Waste Calculator’.
For an easily digestible guide on tax, download and listen to our ‘Tax planning podcast’ by Robert Jackson, an IFA at Baronworth Investment Services Ltd. Robert answers questions on the importance of tax planning and how to ensure you are not paying more money than you should to the taxman.
You can also download our ‘How to Find Independent Financial Advice’ podcast from our podcast area which explains the value of speaking to an IFA about your financial circumstances and also how to find one in your area.
Click here to download a FREE financial consultation voucher. Once you have downloaded a voucher please bring it with you to your initial meeting with your local IFA. You can find an IFA by searching our 'Find an IFA' database.
