Many people focus on the performance of their investments but forget to fully consider the tax treatment.
Some options are well known, such as placing investments in ISA wrappers which effectively makes all growth, income and capital gains tax free.
However, ISAs are only useful within the limit of your annual allowance. This in itself should not be deterrant.
There are many other ways, albeit many not so well known to the general public, in which you can shield or at least minise the effects of tax on the performance of your investments.
Of course, the effectiveness of any particular strategy depends on your own tax position and your own needs and goals.
It’s by no means straight forward and many people who invest on the basis of personal recommendations from friends or well meaning relatives find that what worked well for one person does not work so well for themselves. This is why before we give any advice or make any personal recommendations we take time to get to know you, your position and most importantly your goals.
We would welcome the opportunity to discuss your individual requirements and you can book your complimentary 15 mins call using the booking button below.
IMPORTANT : The tax treatment of ISAs and other products will depend on your particular circumstances and should be discussed with your adviser. Tax treatment varies according to individual circumstances and is subject to change.