Tax Planning and Retirement

A little tax planning goes a long way to avoiding traps in these areas.

Yes

No

Unsure

• Do you know the most tax-efficient way to extract your income from your company

• Do you know how much you can give to your grandchildren as a wedding present before they could be charged Inheritance Tax on the gift?

• Do you know whether your tenanted property is a business asset for Capital Gains Tax and what can you do to help the situation?

• Are you obtaining the maximum tax benefit from your pensions contributions, or could the tax man do more for you?

If you answer ‘no’ or are unsure about any of the above questions, at Murdoch Mann we will be pleased to help

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2006-07 Tax Info