Planning ahead
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An important consideration in asset management is the impact of taxation. Investments should be planned to take advantage of Income Tax rules by properly using personal allowances. Capital Gains Tax and Inheritance Tax can have significant impacts on personal wealth: when the value of assets are realised or assets pass from you to your family, tax liabilities may occur. Minimising these liabilities requires careful forethought and planning.
As part of our Asset Management service we provide tax and trust planning advice from in-house specialists. Where additional input is required from accountants or solicitors, we co-ordinate the process as your main point of contact, so you receive a consistent and efficient service.
The key aspects of the Beaumont Robinson tax and trust planning service:
Income Tax
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• use of personal allowances
Capital Gains Tax
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• use of tax exemptions
• use of trusts
• use of specialist investments such as Venture Capital Trusts
