Farley And Partners

What are your planning objectives?

Key financial planning goals include:

  • Making the most of your tax-free allowances
  • Keeping your marginal tax rates as low as possible
  • Maintaining a spread between your income and capital

Remember that all tax planning must:

  • Save tax overall. Do not, for example, save stamp duty land tax at 3% only to pay more capital gains tax at 28%
  • Not cost more than the tax you will save
  • Be flexible enough to cope if tax law changes, and
  • Not impose conditions or restrictions that you find unacceptable.
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