TAX SHELTERS

“No man in this country is under the smallest obligation, moral or other, so as to arrange his legal relations of his business or to his property as to enable the Inland Revenue to put the largest shovel into his stores.” From Lord Clyde in 1929, this is a tenet that guides our client casework to this very day.

So do you want to minimise your tax liabilities? Then read on because at Regent we have very experienced consultants who are wise in ways of financial planning to help clients reduce their taxation. Be it income tax, capital gains tax or inheritance tax our specialists can bring great advantage. Firstly, in understanding your financial affairs. Secondly, in working with you to introduce strategies to reduce or avoid the tax burden.

As examples, in recent work we have undertaken we have:

1. Advised numerous clients on strategies to cut hundreds of thousands of pounds from each of their potential inheritance tax liabilities.
   
   
2. Helped clients cut tens of millions of pounds from their income tax liabilities through tax shelters like film schemes, renewable energy tax shelters and carbon credit schemes.

Day in, day out, our work routinely involves tasks like this:

1. Help one client legitimately avoid a £10,000 capital gains tax liability on the proceeds from sale of his business, turning the situation around so that he received a £20,000 income tax rebate.
   
   
2. Stop another client, a 40% taxpayer, suffering an income tax liability on encashment of an investment bond pregnant with gains, sidestepping a £7,200 tax charge.
   
   
3. Help another client negate a capital gains tax charge of over £3,000 on sale of a share holding.
   

Taking just two examples, consider Venture Capital Trusts as a tax shelter. They offer a 30% income tax rebate, tax free dividends and capital gains tax exemption on ultimate encashment of the investment. With you we can consider if this kind of tax shelter, or many others, are a good fit for your circumstances.

Consider also Enterprise Investment Schemes. They allow up to 20% income tax relief on the investment made, CGT deferral relief and are exempt from inheritance tax once held for two years.

The case study shows how we can make major tax savings for wealthy clients and those with large taxable incomes.

For general tax shelter advice, ask us for help. Call us or invite help through the Enquiry Form.