Tax planning advice
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Tax is an unavoidable part of life, so it makes sense to get the best tax advice in order to 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.
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Confidentially search for details of independent financial advisers close to where you live or work, from around 8,000 locations UK-wide.