For over a decade Tideway have been providing tax efficient planning specifically for people who are either retired, or considering what retirement means for them. To see how we have helped people in the past meet their income needs in a tax efficient way, take a look at one of our articles below.
Each tax year individuals in the UK are entitled to generate tax free ,Income, Savings interest, Dividends, and Capital Gains.
Individual Savings Accounts (ISAs), gains and dividends versus income, international or offshore Investment Bonds
The differential in the amounts of tax paid on income versus capital gains should be a key consideration when creating a portfolio across multiple accounts such as a SIPP, GIA and ISA.