When undertaking tax planning, it is important to maximise the position for you and your family. With correct structuring you could save thousands of pounds in tax. We review each person’s position including:
- Distribution of income earning assets
- Property ownership
- Utilising each spouse’s basic rate tax band or lower rate tax band
- Inheritance Tax planning
The above might include a change in business structure at the same time.
Please do get in touch with the team should you have any further queries or if you would like an idea of our fees.
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