David Nash, of the Chancery Partnership, takes a look at how Enterprise Zones can offer high-end clients tax-efficient investment opportunities.
Tax is a major concern for all high-net worth clients at the moment, particularly for those who fall in the 50% and 60% income tax brackets. This is at a time when options for effective tax planning that are acceptable to HMRC have been reducing. There is still potential for financial advisers to work with experts in the field of tax to offer their high-end clients tried and tested, tax-efficient investment opportunities. Let me outline just two of the few statutory reliefs that remain open to your clients: enterprise zones and business premises renovation allowance. The first, Enterpr...
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