Tax Planning

If you want to make sure you are being as tax efficient as possible, make sure you ask us about our tax planning service to save you money.

Become more tax efficient

We all would like to pay less tax – but in order for that to happen you need to plan. Tax planning can reduce the amount you need to pay out in tax. The goal isn’t solely to save you tax now – but to do so proactively. When it comes to tax planning – you need to be up to speed on any new tax implications and take necessary action.

As part of our tax planning service, we will complete a full financial review. At this point we will find out what tax allowances you have – and make you aware of the opportunities you may have to save on tax. There are various different taxes we will look at.

Tax treatment varies according to individual circumstances and is subject to change.


Income tax

We are all aware of this type of tax and know that the more we earn – the more tax we are liable to pay. There are several things we can look into to reduce your tax bill such as having a look at how your investments and savings are structured. National Insurance is another way we’d look to make savings – and we can also look into using your pension more effectively to lower your tax bands. We also offer expert advice to individuals who own companies and will review your remuneration strategies.

Capital Gains tax

This tax is based on the amount of profit you make when you choose to sell or give something away that has a value. This could include shares in a company, business assets – and personal possessions. There are some items that are exempt such as ISAs, pensions, cars – and other items that we can advise you on at the time.

Inheritance tax

Inheritance tax is paid on an estate that is valued over a certain amount when a person dies. In most cases, you will be below the threshold – however in order to plan as effectively as possible for the loved ones you are leaving behind – you should always check this out and seek advice. There are certain annual exemptions, UK charity exemptions amongst others that we will be looking into on your behalf.

If you require some help with your tax planning – then please don’t hesitate to get in touch with us. We can help with everything from some general advice, to getting an effective plan in place to try and save you money.

A fresh approach to wealth management

Wise Financial Planning help people at all stages of life with their financial goals through professional financial advice.

Expert advice

Whatever you need help with, Wise Financial Planning will always offer up-to-date and expert advice.

No jargon

We will give you clear and easy-to-follow advice so that your financial goals can be achieved simply.

Superior service

We go the extra mile to ensure you are always satisfied with our service, and we will go out of our way to help.