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Tax mitigation and personal tax is all about saving you money by structuring your affairs more efficiently. https://plusminus.uk/tax-mitigation-and-personal-tax
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What We Offer Seeking advice early on is likely to make you savings in the tens or hundreds of thousands Tax mitigation and personal tax is all about saving you money by structuring your affairs more efficiently. We look at several key areas of taxation, depending on your situation, to ensure you’re not being overcharged. With the right advice, it’s possible to make substantial reductions on your tax bill, and sometimes to eliminate certain taxes altogether.
Income Tax Mitigation There are many legitimate and lawful ways to save you money on income tax. With our help, some individuals manage to keep thousands away from the tax man. When determining your eligibility for tax breaks, deductions, and reliefs, we first look at renegotiating your tax band. For high earners, transferring funds to a spouse’s account is one good way to lower your personal liability. We also look at investments to restructure them for tax-free returns.
Inheritance Tax Mitigation For effective tax planning and mitigation, it’s vital to seek advice early on. Inheritance tax is one area that people consistently leave to the last minute, ultimately resulting in a huge chunk of your estate —up to 40%— going to the government’s coffers. Not only is this is unacceptable for most of us, it’s also unnecessary.
Corporation Tax Mitigation When you’re running a limited company, one of your most significant—and most reducible — expenses will be corporation tax. By looking at the way you manage and extract your company’s profits, we find ways to keep corporation tax to a minimum. Sometimes we’re able to eliminate it entirely. For especially profitable years, this could take the form of incentive schemes for your company’s directors or employees.
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