Tax Smart Wealth Management
Principles of Tax Smart Wealth Management
Utilize all your family’s available tax allowances on a rigorous basis annually.
Arrange your assets in the most tax-efficient manner where appropriate utilizing tax advantaged accounts.
Tax Efficient Asset Location Strategy – Hold dividend- and interest-paying investments in tax-deferred or tax-free accounts.
Tax-Smart Wealth Distribution Strategy – A tax-efficient retirement income withdrawal strategy and inheritance tax planning.
Tax Efficient Asset Location
- Matching tax-generating assets with tax-efficient accounts.
- Offsetting gains with losses whenever appropriate.
- Using tax-exempt and tax-advantaged investments as warranted.
- Closely monitoring the after-tax return on your investments and reporting taxable distributions to your accountant.
Utilising your annual CGT allowance
- Pension lifetime allowances protection
- Taking a tax-efficient retirement income
- Helping to reduce your Inheritance Tax Bill (IHT)