Tag Archives: Tax

Fish SaltusGuide to 2020-2021 Year-End Tax Planning

Download Fish Saltus’ Guide 2020/21 Year-End Tax Planning

Keeping more of your money to enjoy, invest, save or pass on.

Tax never requires a one-size-fits-all approach. Each taxpayer and each year will be different. So, with the end of the current 2020/21 tax year approaching on Monday 5 April 2021, now is the time to carry out a tax health check and implement any planning opportunities.

Download your Guide to 2020/21 Year-End Tax Planning, courtesy of Fish Saltus

If you would like to review your situation or discuss the options available, please contact us for further information – we look forward to hearing from you!

New Tax Year winners and losers

New tax year

 

The key changes you need to know

You want to pay the minimum amount of tax legally possible. We want that for you, too. The 2019/20 tax year started on 6 April and in general taxpayers will have more money in their pocket after increases to allowances came into force, but there are a few losers, in particular those selling shares and buy-to-let landlords.Read more…
Tax efficient gifting

Give a triple boost to your children

 

Don’t miss out on this little-known tax rule

For those parents who have spare cash, putting money into their children’s pension will boost the retirement prospects of their offspring. The money will be topped up by the addition of tax relief and could also earn their children a tax refund if they are higher-rate taxpayers and reduce the penalty they face if they are a higher earner receiving child benefit.

Read more…

Fish SaltusTax and Estate Planning

Do your numbers add up?

 

Tax-efficient ways to fund the next generation

It’s natural we may want to give younger members of our family a financial start in life. Especially when we hear about some students graduating with eye-watering levels of debt. If you are able to help your children or grandchildren without risking running out of money yourself, it’s important that you do so effectively.Read more…