Ten tax planning points to raise with clients

TAX PLANNING

clock

Tim Hills, financial planner at JLT Wealth Management, runs through the key tax discussions you need to have with your clients...

Most clients have ample opportunity to keep more of their hard-earned wealth, using well established and non-contentious plans that will never appear on HM Revenue & Customs’ (HMRC) radar. But how many clients use all that is available to them? The following are some questions that may be useful to use with new clients, as well as to reinforce and refine plans for existing clients. 1 Rates Do you both pay the same rate of income tax? If not, is it possible to rebalance incomes so that this can be achieved, thereby making the most of the available personal (and age) allowances? ...

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 Your profession

The who, what, where of advice: Intelliflo's 2025 Advice Map of the UK

The who, what, where of advice: Intelliflo's 2025 Advice Map of the UK

Bridging the advice gap(s)

Nick Eatock
clock 20 March 2025 • 7 min read
PA Awards 2025: Winners' photo gallery from the night!

PA Awards 2025: Winners' photo gallery from the night!

PA’s 20th awards took place on 19 March

Professional Adviser
clock 20 March 2025 • 1 min read
PA Awards 2025: This year's winners revealed!

PA Awards 2025: This year's winners revealed!

See who took home a trophy at last night’s Professional Adviser Awards

Professional Adviser
clock 20 March 2025 • 3 min read