Please be aware the below blog is older than 12 months, therefore the information may not be relevant or up to date.
The past eighteen months have demonstrated that the unexpected has become the norm and that this new ‘normal’ is changing many of our expectations. it’s easy to be distracted by the events taking place around us and to lose focus of our priorities. Now, as tax year end approaches, it’s time to turn our focus to making sure you don’t pay too much tax
If you have, or are likely to have, a large pension fund of over £1m, you could be at risk of being taxed on the excess amount. This is where we can help. We will look at your retirement needs and build the best strategy for protecting your existing pension, as well as your future contributions.
Don’t pay more tax than you need to
Taking advantage of the tax saving opportunities available to you makes perfect sense. Even if you feel that this particular issue doesn’t affect you, there are other steps we can help you take to save tax – in a legal and ethical way.
This year’s ISA allowance runs out on 5 April 2022, making now the ideal time to review your investments. Together we can consider your future plans and also make sure the investments you’ve made in the past are still working for you and your future.
To arrange a meeting, please call me on 020 3146 2259 or email us at info@blacklionwealth.co.uk.
THE VALUE OF PENSIONS CAN FALL AS WELL AS RISE. YOU MAY GET BACK LESS THAN YOU INVESTED.
TAX TREATMENT DEPENDS ON INDIVIDUAL CIRCUMSTANCES. TAX TREATMENT RATES AND
ALLOWANCES ARE SUBJECT TO CHANGE.
TAX PLANNING IS NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.
