Tag Archives: Earned Income

School Fees – Smarter Investing by Grandparents

School Fees Planning

Many parents and grandparents value the standard of education offered by independent schools and will pay for that privilege. Even if children do not go to an independent school, they may well go to university. Planning for these costs can help avoid the burden of a sizeable student loan.

Year End Planning

March is a key month in which to consider tax planning to maximise the use of an individual’s allowances, reliefs, exemptions etc for the current tax year.  Some of these will be lost if not used before the tax year end. As well as last minute tax planning for 2009/10, now is also a good […]

Pension Planning for High Earners

The Government has announced that, from 6th April 2011 onwards, it intends to restrict higher rate tax relief on pension contributions for individuals with an annual income of £150,000 or more. In anticipation of this change, there is a special annual allowance and associated tax charge from 2009-2010 that applies in respect of individuals who […]

Question – how best to save tax?

Husband and Wife and Civil partnerships / Independent Taxation / Civil Partnerships Synopsis: The arrival of the 50% rate of tax in April 2010 should be a spur for affected couples to ensure they are taking full advantage of independent taxation. This bulletin replaces the previous bulletin posted 9 June 2009 in order to amend […]