I’m late, I’m late..
… for a very important date (5th April)
As the end of the tax year approaches we always get a number of enquiries about pension contributions, ISA investments and other tax planning strategies.
With the vast array of tax planning opportunities available, particularly for small business owners and higher rate tax payers time is needed to have an in depth conversation and discuss not just the short term objective of tax savings but also the longer term planning strategy.
By entering into a conversation about tax planning at the beginning of the tax year clients have the option of pound cost averaging as well a full year of tax savings, particularly when the tax wrapper in question offers tax savings on the growth and income generated.
We would encourage everyone to start tax planning on 6th April not leave it until the new year approaches.