How to protect yourself in Chancellor's tax war

Chancellor expected to scrap higher rate tax relief

clock • 4 min read

Chancellor George Osborne has already launched a number of punitive raids on high earners' pension privileges, but the widely anticipated scrapping of higher rate relief amounts to an all out assault, writes Sheriar Bradbury

Take the Chancellor's already announced tax cuts and factor in changes to the way dividends of small companies will be taxed from next year, and for owner-directors it is beginning to feel like total war. The good news is that there remains a short window of opportunity for certain individuals - owner-directors of companies in particular - to restructure their finances in a way that will protect them from the earliest impacts of these changes. Advisers can add real value to directors by finding synergies in the confluence of two attacks on their client, by drawing from the company and...

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