How can investors with an investment and ISA portfolio increase their after tax returns without changing the asset allocation of their overall portfolio?
Good investment advice is essential but the tax planning and portfolio structuring advice outlined below will increase after tax returns for many clients.
Use ISAs to invest in risk diversifying bond funds before investing in equity funds
Use Capital Gains Tax allowance’s every year
Allocate the lowest yielding funds to the higher rate tax payer
Manage one family portfolio rather than separate portfolios to better take advantage of differing personal tax rates and to utilise all available capital gains tax allowances. This reduces dealing costs too!
The extent to which after tax returns are increased varies but this is one win amongst many for Tower Hill Associates’ clients signing up for the Independent Financial Planning Service.
How to make your pension pot last? November 24, 2015 It is a question that will be on many people’s minds as they approach retirement particularly with greater pension freedoms giving increased flexibility on how to use their pension savings.
How can investors with an investment and ISA portfolio increase their after tax returns without changing the asset allocation of their overall portfolio?
Good investment advice is essential but the tax planning and portfolio structuring advice outlined below will increase after tax returns for many clients.
The extent to which after tax returns are increased varies but this is one win amongst many for Tower Hill Associates’ clients signing up for the Independent Financial Planning Service.