Tax & Estate Planning

Tax may be an unavoidable part of life, but by taking a comprehensive view of your financial situation, making the best use of the available tax allowances and arranging your financial affairs to suit your individual tax position, then many tax liabilities can be significantly reduced.

Income Tax is levied on most forms of income, earned or otherwise, at rates between 20% & 45%, but the system has many quirks which can cause you to pay tax unnecessarily. There are a large number of ways it may be possible to reduce your Income Tax bills, most significantly for those receiving investment income.

Capital Gains Tax is charged on gains that may arise, for example, from the sale of shares, or a second home, and is taxed at rates from 18% to 28%. However, a little careful planning can help to save a lot of tax, including special financial products that can help you minimise or defer your capital gains tax liability.

Inheritance Tax is a tax charged on your estate on death and certain lifetime transfers. The simple fact is that you do not have to be wealthy for your estate to be subject to Inheritance Tax, which is charged at 40% and is usually paid unnecessarily due to poor financial planning. The good news is there are a host of ways to reduce this liability. For example, by passing assets into certain types of trusts, you can reduce the value of your estate for Inheritance Tax purposes whilst still receiving an income. If the trust on your death passes to your grandchildren for example, it could be decades before your money is again under the eye of the taxman.

Inheritance Tax Planning is often the most complex area of financial planning, as the decisions made can have long term effects for clients and their families. This is especially true where trusts are used, as gifts above a certain level to certain types of trusts can attract an immediate tax charge, and can also effectively remain in the value of the estate in certain situations should the donor die within 14 years.

With Inheritance Tax planning, the need for highly qualified professional advice is absolutely essential.

At Coast to Coast, we have the specialist Chartered qualifications, expertise and experience that enables us to provide personalised independent financial advice for your individual tax planning needs, no matter how complex they may be, with a special focus on Inheritance Tax planning. By carefully analysing your current situation and considering all the possible alternatives, we can then make the tax planning recommendations that are right for you.

Please note we offer a free initial consultation without obligation.

Estate planning, trust planning and tax planning are not regulated by the Financial Conduct Authority.

Tax treatment is based on individual circumstances and may be subject to change in the near future.

Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from taxation, are subject to change.

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About Coast to Coast

Coast to Coast Financial Planning Services Limited is a privately owned IFA company offering professional independent financial advice. It was established in 1996 by Andrew Dawson who, after a career working in Financial Services for such companies as Lloyds Bank and the Halifax...

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We like to think that twice receiving the prestigious Financial Adviser / Financial Times award of Best Financial Planner in their Cornwall financial planning surveys, would be good guide to the quality of our service. But what do our clients say about us?

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9 Frances Street

Business Hours
Monday - Friday 9.45am - 2.30pm
Saturday 9.45am - 12.30pm
(Other Hours By Appointment)

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Coast to Coast Financial Planning Services Limited is an appointed representative of TenetConnect Limited, which is authorised and regulated by the Financial Conduct Authority. TenetConnect Limited is entered on the Financial Services Register ( under reference 149826.
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Coast to Coast Financial Planning Services Limited Registered Office: The Old Carriage Works, Moresk Road, Truro, TR1 1DG Registered in England No. 3153879. The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.