Tax Planning

Whether you’re an experienced investor with a good grounding in the principles of taxation or you simply have little or no understanding in your rights and your responsibilities, the team at Scott Fyffe Wealth Management can help you with all aspects of effective tax planning. For even the most experienced, tax laws in the UK and across the world can be complex, convoluted and ultimately confusing. Naturally, this is an issue in which guesswork is simply not an option, so make sure you have the right people by your side at all times. Thankfully, we’re here to help, whether you have a single question or you need support in all aspects of tax planning.

The first point to bear in mind is that there are a number of benefits to having finances that have been structured via the principles of tax-efficiency. Our specialists can look into your personal income and wealth, taking into account your assets, your salary, your outgoings and your short- and long-term commitments. Your investments can work hard for you, so make sure you aren’t paying too much tax when you really don’t need to. We’ll do all we can to identify applicable allowances in income tax, capital gains tax and various investment contributions and dividends. Once we’ve got the full picture, we can set out recommendations.

And if you’re approaching your retirement years, we’ll look to bring stability to your retirement planning. Every one of our clients is unique, and will therefore require a personalised approach to tax planning. What works for you may not be appropriate for someone else, for example, and that’s why Scott Fyffe Wealth Management will offer a bespoke review in order to see what’s best for you. As well as income and assets, we’ll also take into account factors such as Venture Capital Trusts, Individual Savings Accounts, pensions, charitable gifts, ethical investments, inheritance tax and so much more. Knowing you have advice and guidance you can count on will go a long way towards establishing peace of mind.

It’s not always easy to see the wood for the trees when it comes to making your finances more tax-efficient, but with our help it can become a reality. Whether you’re self-employed, working for a company or you own several businesses, you deserve the satisfaction that comes from knowing your tax affairs are in order, working efficiently and remaining fully compliant. Speaking to the professionals at Scott Fyffe Wealth Management is the first step towards that contentment, so why not get in touch with our team today?

To do so, all you need to do is fill in the online form on our Contact page or call us on 01382 721 191 in the next few days. We’re looking forward to hearing from you, and to explaining why engaging the services of Scott Fyffe Wealth Management is the sensible option.

*The Financial Conduct Authority do not regulate tax planning.

*EISs and VCTs invest in assets that are high risk and can be difficult to sell such as shares in unlisted companies. The value of the investment and the income from it can fall as well as rise and investors may not get back what they originally invested, even taking into account the tax benefits.

*Tax treatment varies according to individual circumstance and is subject to change.