The UK enjoys a tax regime with a range of allowances and exemptions which, with careful planning, can ensure extremely tax efficient generation of both income and capital growth.

Oval Financial Services approach to investment and planning generally will seek to combine not only a full risk assessment of your situation and management of capital by top quality independent managers, but also the use of all applicable allowances and tax shelters. Typically this will include the following –

Your Allowances – whether it be the use of your personal allowances for income tax purposes or taking advantage of the annual capital gains tax allowance and subsequent flat rate of 18% or 28%, prudent use of your tax allowances can greatly enhance your overall investment return.

Tax Shelters – Core holdings in a tax efficient portfolio will typically include ISAs and National Savings Certificates where there is no liability to tax. Likewise prudent use of vehicles such as offshore bonds can ensure you delay and possibly reduce any tax charge on investment profits.

We can also advise on more specialist shelters such as Venture Capital Trusts and Enterprise Investment Schemes.

Inheritance Tax – In addition to your “nil rate” band a wide variety of options are available for clients keen to minimise the ultimate IHT liability on their estate.

Our approach does not involve frills or esoteric ideas – we simply combine good advice with the existing tax regimes and ensure clients affairs remain as tax efficient as possible on an ongoing basis.

Contact us to find out more about Tax Planning.