Tax
Tax efficiency is a crucial aspect of any financial advice. At Samuels Financial, our approach recognises that tax planning must ensure that everyday efficiency is managed effectively.
On a day-to-day basis, it is vital that you consider the tax implications on all aspects of your finances, from a deposit account and mortgages to investments and risk management.
We can work closely with your other professional advisers if appropriate to gain an understanding of the full context of your personal financial circumstances and taxation affairs. Whether you are employed or self-employed, our aim is to save you both time and money by finding the most productive solutions.
All tax related services should be built around forward planning to minimise the tax required on each transaction. At Samuels Financial we aim to minimise your capital gains tax liability and maximize any relief or allowances that may be available.
We offer specialist tax advice in addition to compliance work. One of the most common areas we are asked to advise on is tax efficient remuneration – whether it is better to extract cash from your business in the form of salary or dividends. This requires careful planning to ensure you are not paying HM Revenue & Customs more than you need to.
Pension funds are perhaps one of the most common forms of tax shelter available and careful planning is needed to ensure that pension benefits are maximised and the fund does not become over-funded. Inheritance tax planning and tax shelters are just two areas where we can provide specialist advice and services. We are particularly adept at providing advice to help counter the potentially devastating effects of Inheritance Tax, ensuring that your wealth stays where it belongs, firmly in your family.
