Year End Tax Action _ People Waste GBP4bn

Once again the end of the tax year is fast approaching.  Did you know that this year 75% of the UK population will waste, on average, £95 each by giving unnessary tax to the Chancellor (2001/2002)?

This can be remedied by taking control of your finances and looking at where you can save tax.   contact us now.   How can we help? 

IFA promotion, an organisation committed to promoting the benefits of independent financial advice, recently conducted a piece of research to find out where most tax is wasted.  

The "tax trash bin" findings are as follows:

• £1,017 million wasted through not planning estates for inhertitance tax liabilities.  Visit Inheritance Tax Adviser.com.  
• £405 million wasted through not using the right personal tax allowances.  
• £508 million by not using tax breaks for pensions.  Visit Pensions Adviser.com.  
• £528 million through not making use of share option schemes.  Visit Shares Adviser.com.  
• £253 million wasted through not sheltering savings and investments in ISAs or friendly society savings schemes.  Visit our ISA Guide in Savings Adviser.com.  
• £365 million wasted by not filling out self assessment forms correctly.  Contact us for help with your self assessment form.  
• £351 million by not using capital gains tax allowances efficiently.  Visit our Capital Gains Tax section.  
• £372 million by not using tax efficient means when you give to charities.  Visit Tax Free Adviser.com.  
• £81 million by not using Gilts or National Savings products where appropriate.  

Being Financial Advisers is not just about selling you a pension or an ISA, it is about wealth management, tax management and wealth creation.  If you want a brick wall building talk to a builder.  If you want strong financial foundations talk to us!

Don't forget our great tax story - Top Tax Tips * All Tax Wasted Figures source and reseach from IFA Promotion