Have you reviewed your investments to ensure that they are appropriate and performing well? Are they giving you the right balance of income and capital growth? Have you considered Capital Gains Tax?
Tip: Financial advice should be taken to ensure the right investments are made for your circumstances and the risks you wish to take.
If some of your investments have done very well and grown in value have you considered whether it is sensible to sell some of them to save yourself even higher Capital Gains Tax bills in the future?
Tip: Everybody is allowed to make £10,900 each year before paying any Capital Gains Tax, but many people waste this tax free allowance and end up paying higher tax bills later. Don’t join them!
If you would like to arrange a free meeting with a Liverpool accountant to discuss cutting your Capital Gains Tax and personal tax bill, either at our office or at your premises, please contact us on 0151 724 3960 or by email at [email protected].
Alternatively, you can use our website contact form.
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Added by Jon Davies