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Don't Lose out on 30% Tax Relief!

Are you looking for ways to reduce your income tax bill?

As the tax year end approaches, you may be looking for ways to maximise tax relief especially if you are subject to 40% or 45% on earnings; even more so given scope to make pension contributions is increasingly restricted due to the new “tapered Annual Allowance” rules, or if you’ve previously elected Fixed Protection to protect pension assets from a Lifetime Allowance tax charge in future.

30% Income Tax Relief AND Capital Gains Tax Benefits

Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCT) offer 30% income tax relief on contributions and other tax benefits as well.  Attached you will find our tax planning sheet on these opportunities contrasting the tax benefits with other more “traditional” financial planning avenues, namely pension contributions and Individual Savings Accounts (ISA), for the 2016/17 tax year.

Last Chance to “Carry Back” tax relief to 2015/16

EIS can offer investors the opportunity to carry back the tax relief on investments to the 2015/16 tax year.  By doing so you can reduce the level of tax payable for your balancing payment due in July, or claim back overpaid tax from HMRC.

Excellent Opportunities from Proven Investment Firms

Save & Invest have identified a select number of opportunities for high earners/sophisticated investors to obtain tax relief with added potential for tax-free returns.   The key points for each are shown below:

Octopus Titan VCT

Ingenious Shelley Media EIS

Ingenious Infrastructure EIS

Please click on the link below to view our tax planning fact sheet

EIS SEIS VCT tax planning 16_17 factsheet.pdf

Act Now Before It’s Too Late!

If you are interested in discussing any of these in greater depth, please contact Jeffrey Deans immediately on Freephone: 0800 132740

Tax year end demand for these schemes is expected to be high, each scheme’s capacity is limited, and a full recommendation report will be required to complete the required paperwork.  Please also feel free to pass this information onto anyone you feel could benefit from talking to us about this, or other financial planning opportunities, as we will arrange an initial meeting at no charge and no obligation.

IMPORTANT DISCLAIMERS: These opportunities should be viewed as high risk where you may get back less than your initial capital.  Past performance is not a guarantee of future returns. Tax status and eligibility for VCT and EIS is subject to change without notice.  This summary does not constitute any written advice with regard to the suitability of any particular scheme for investment, which will be issued covering all aspects of tax, risk and cost once we have agreed you have the financial capacity to invest capital to any such arrangement.

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