There are three main tax breaks against income tax – pensions, Venture Capital Trusts (VCTs) and Enterprise Investment Scheme (EIS). Pensions are currently allowable up to £40,000 year with relief given at your marginal income tax rate. From 5.4.16 this is restricted if you earn over £150,000 – ask us for more information.
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With careful tax planning you can boost your finances, and our expert team will guide you through the whole process.