Tax Planning

Research has shown that as many as 30 million people are paying an unnecessary amount of tax. Furthermore, HMRC’s revenue includes over £5bn that taxpayers could have avoided paying if they had got ahead of their tax planning.

Hence tax advice can help you make changes to savings and investment habits. We can offer advice on matters ranging from simple tax-free savings for children to tax strategies when you make your will.

Understanding the UK tax rules and regulations is complicated to say the least. Our financial advisers will be able to tell you which of these applies to you and your situation and then advise you on the most efficient way to plan your tax year.

The rules change often and allowances and thresholds change too, that’s why we recommend tax planning to be at the top of your financial planning checklist to ensure you are saving on tax liabilities at each tax year end.

Inheritance Tax

Tax is often the last thing that is considered by families when a relative passes away. However, you should be prepared and plan ahead.

We can talk you through the simple steps you can take now to plan for what is to come. This will enable you to structure your estate and financial arrangements so that your assets can pass to your beneficiaries tax efficiently.

Holistic Financial Solutions

At Henson Crisp we provide holistic financial solutions. Basically, this means that we see the bigger picture. So while we may be advising you on a suitable pension, at the same time we are looking at your earnings, your estate (your home and assets) and making sure that all your assets are working together to be as tax-efficient as possible.

Your Henson Crisp financial planner will advise you to fully utilise your annual personal savings and capital gains tax allowances, saving potentially thousands of pounds. Your planner will also provide advice on products including: