The April 2010 commencement date for the 50% income tax rate for high earners is fast approaching.
This increased rate, together with the reduction of the basic personal allowance and the removal of higher rate income tax relief for pension contributions, will significantly increase tax costs for many individuals and businesses.
The good news is that there is still time to review your financial affairs and consider whether there is anything which can be done to mitigate the effect of these tax increases.
Paul Belsman, Head of London Tax will chair this forthcoming seminar, where Chris Maddock, Head of Private Client Tax and Mike Nevill , Chairman of Vantis Financial Management Ltd, will discuss the following key areas, to help you plan effectively in managing your overall tax bill:
- A 50% income tax rate - what can be done?
- Pensions for higher earners - are they still attractive?
- Wealth protection and inheritance tax planning
This event will take place at Vantis' West End office, 66 Wigmore Street, London W1U 2SB from 4.30 - 6.00pm. Registration and refreshments will start from 4.00pm and we will close with a drinks and canapé reception from 6.00pm, giving you the change to network with likeminded individuals.