SWT Wealth Management
Advertising feature: At the end of every tax year, there’s a flurry of activity as people scramble to make the most of their tax reliefs and allowances. But you shouldn’t just have your eye on 5 April when you’re thinking about tax – it should be woven through the fabric of your entire financial plan, at every stage of your life.
Tax planning isn’t always a ‘visible’ part of wider financial planning; however, tax matters cut across most aspects of your personal finances and are therefore vital for your financial wellbeing.
It’s understandable that you have a busy life, and it can be tough to find the time to think much about your aims for the future, much less about tax. That’s why sitting down with an adviser and talking it through is a useful exercise.
Tax planning shouldn’t be considered only at the end of the tax year – it’s something that should be built into your wider financial plan. The first step is to talk to a financial adviser and discuss your long-term goals and aspirations. We can guide you in how to achieve your objectives and make the best use of tax reliefs and allowances.
Even if your goal is something vague, such as “I want a comfortable retirement”, that can give your adviser something to work with as they plan the best use of tax reliefs and begin to build that into your pension contributions.
Creating the adviser’s way of thinking of long term, takes the worry out of it because tax is already planned in, and you haven’t got to think about it. You don’t have to get to February or March and then rush to top up your ISAs because it’s already taken care of.
Is tax planning necessary?
Yes, and we want to make it simple for you, with maximum impact.
Contact us today to see how we can help you.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select, and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.
SWT Wealth Management is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the Group’s wealth management products and services, more details of which are set out on the Group’s website www.sjp.co.uk/products. The ‘St. James’s Place Partnership’ and the titles ‘Partner’ and ‘Partner Practice’ are marketing terms used to describe St. James’s Place representatives.
To find out ways we can help visit: www.swtwealth.co.uk or contact us on 029 2252 0168 or 07946183512
SJP Approved 02/12/2023