Downloadable Resource
How to Reduce
Your Income Tax Bill as a High Earner
With the additional rate of income tax currently standing at 45% in the UK - and the threshold at which an individual starts to pay this rate recently being reduced from £150,000 to £125,140 - it is important for high earners to ensure they are fully aware of opportunities to reduce their income tax bills.
Offering insight into three key areas, this free downloadable investor resource outlines:
- Key tax-free allowances for investors to be aware of in the 2023/24 tax year and beyond
- The role of tax-efficient investment schemes, including the EIS, SEIS and VCTs
- Other tax-efficient routes, including pension schemes (such as SIPPs, SSASs and workplace pensions) and ISAs
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