Sensible Tax Planning
We have more than 11,500 pages of tax legislation, the longest in the world. Little wonder then that the Office of Tax Simplification is tasked with streamlining our 400 tax reliefs, allowances and exemptions. Whilst the ‘tax tail should never wag the investment dog’, tax is nevertheless a key consideration for financial planning. After all a pound of tax saved is at least as good as a pound of investment growth.