Tax is viewed by many as being a significant negative impact on wealth. There are however a substantial number of solutions, ranging from legislation based investments to more aggressive structures, that can help wealthy individuals and their families reduce or mitigate such liabilities.Tax planning itself is a dynamic and constantly evolving area where sophisticated and often specialist planning is vital to enhance results and minimize risk and negative outcomes. Black Mane has identified a range of tax solutions, which broadly fall into two categories:
Understandably many of those providing tax solutions choose to maintain a low profile, and are often difficult to identify both to families and their advisers. Black Mane is constantly in communication with the providers of tax structures and tax advantaged investments to identify the best solutions in the market and to bring those to the attention of the key advisers.
Bespoke structures may be considered for clients looking to mitigate inheritance tax and SDLT through to income and CGT. The structures themselves may vary from non-aggressive legislation based planning through to DOTAS registered structures, and clearly many solutions are not suitable for the vast majority of clients. For those clients however that they are suitable for, such strategies are central to wealth protection and wealth creation.
Many of the larger promoters and managers of tax advantaged investments are of course easily accessible, and in many cases are geared towards the retail end of the market. There are however a number of specialist providers who remain under the radar despite providing high quality but often smaller scale investments to a handful of advisers. Black Mane ensures that such products reach the most appropriate advisers, and that advisers are aware of such leading investment opportunities.
Black Mane may also provide introductions to leading advisers specialising in such structures and investments.
