Income Tax Mitigation

Ensuring the use of tax-free allowances is an essential part of sensible financial planning. This includes, for example, the use of ISAs, pensions, National Savings products, Enterprise Investment Schemes, Venture Capital Trusts and single premium life assurance bonds, dependent on your attitude to risk.

When it comes to planning your income in retirement, various opportunities exist to include the gradual payment of tax-free cash within a phased retirement plan that mitigates income tax, or the variability of income under an income drawdown scheme.

Clearly, receiving our advice on the different options may well be to your advantage.