If taxes were lower the motivation to mitigate would be too. But with rates so high, most of us are keen to avoid paying more than we really need to.
Taxes are also quite complex, especially in the way they impact on some investments.
Understanding exactly how taxes are taken, and when, and which options could reduce your liability, can be pivotal to getting the most from your investments.
Knowing who to ask can also be pivotal, since all is not always as it seems when reading an investment advert.
If you ask us, you will get a clear explanation but, even if you don’t ask, we will always take tax planning into account as part of our investment advice.
If you are unsure if you’re paying more tax than you should, and if you are using all the tax breaks you should, get in touch and we’ll help you find out.
We can even help you fill in your tax forms!
The Financial Conduct Authority does not regulate Tax or Estate Planning.