Save Tax

 

Too many people across the UK are paying more tax than they need to, simply because they don’t know how to save tax. Whether you are a business owner looking to maximise your tax savings, or an individual who wants to find out how to avoid paying unnecessary tax, you can benefit from utilising all available allowances by getting help from professionals.

Do you want to become more tax efficient? Nobody keeps their finances at their most efficient at all times, and many people don’t have the time to be worrying about where they could be losing money – which is where hiring a professional financial adviser will benefit you.

To find out more about how we can help you save tax, get in touch with one of our knowledgeable team who will help to assess where you can improve your finances.

How does our service work?

We look at the whole picture and get to know your personal circumstances in order to suggest changes you could make to avoid paying too much tax. By looking at which business or personal bank and savings accounts you already have open, and how much finance you have available to save or invest, we can assess whether you are using the right accounts to benefit you the most.

We advise on a range of HMRC approved tax saving incentives such as Enterprise Investment Schemes (EIS), Seed Enterprise Investment Schemes (SEIS) and Venture Capital Trusts (VCTs). If necessary, we can assess your existing business to ensure compliance with Entrepreneurs Relief and Business Relief. We also help with the more basic planning strategies of ensuring you are utilising your Capital Gains Tax allowances, ISA allowances, pension allowances and we give you an understanding of ways to mitigate inheritance tax.
Contact us to discuss any of the above in more detail.

save tax with milestone

Save Tax in Retirement

Retirement is a time where many people get caught out with their finances, whether it’s the money you’ve saved up to spend in your retirement or the money you are leaving behind for your loved ones. The simplest way to maximise the amount of money you have for your retirement and your family’s inheritance is to make sure you’re not paying more tax than you need to and arrange your finances in the most tax efficient way. But how do you know this?

Here at Milestone Financial Planning, we know the ins and outs of how to save tax, so we can assess how much tax you are paying and where you are paying out unnecessarily.

Book an appointment with one of our advisors today!

Book an appointment for a financial review or to meet with one of our experienced financial planning advisors to see if you are on track to reach your financial goals and to learn what we can do for you.

Get in touch with us.