Tax Planning

​

Everyone knows the expression ‘Nothing is more certain than death and taxes’. The austerity measures imposed by governments since the 2007/8 credit crunch have led to a number of tax rises, and it is more important than ever to structure your financial affairs carefully to avoid paying more taxes than necessary.

​

Every aspect of your wealth is, at some point, subject to tax. Careful financial planning can make a substantial difference to your tax liability and, ultimately, to your wealth.

​

E L Watson Financial Planning have a comprehensive knowledge of taxation and ways of mitigating tax. Tax is a key consideration in our advice process, which ensures clients’ finances are constructed in the most tax efficient way possible. We can also offer bespoke advice on taxation issues if required.

​

Taxation areas on which we regularly advise include the following:

​

• Income Tax

• National Insurance

• Dividend Tax

• Capital Gains Tax

• Inheritance Tax

• Utilisation of Annual Tax Allowances

• Pension Taxes and Allowances