Andrew Aldridge: Tax planning 'Top Trumps'

IHT mitigation

clock • 3 min read

Andrew Aldridge looks at the world of tax-efficient investments and assesses which relief is the trump card for advisers and clients...

Top Trumps, the classic age-old card game we've all enjoyed over the years, is described as, ‘Each card contains a list of numerical data, and the aim of the game is to compare these values to try to trump and win an opponent's card.' In the world of tax-efficient investments, this is often replicated on the standard presentation slide that shows the varying tax reliefs available via various government incentive schemes including, but not exclusive to: pensions, ISAs, business (property) relief, agricultural relief, social investment tax relief (SITR), venture capital trusts (VCT), the s...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Spring Budget decisions motivating client push for more tax efficiency

Spring Budget decisions motivating client push for more tax efficiency

‘Frozen thresholds are impacting on bonds positively’

Hope Coumbe
clock 16 May 2024 • 1 min read
CGT: Clients need 'different wrappers at different times'

CGT: Clients need 'different wrappers at different times'

A platform offers the opportunity to invest in multiple tax wrappers

Barry Foster
clock 14 May 2024 • 4 min read
Business Relief in IHT planning set to become 'even more important'

Business Relief in IHT planning set to become 'even more important'

Advisers expect to see an increase in unquoted BR in IHT planning

Isabel Baxter
clock 09 May 2024 • 1 min read