PLANNING SCENARIOS
Building connections with your clients
Shaped with input from advisers, our client scenarios are a great starting point for your conversations.
supporting your client conversations
The Scenario
Complementing pension planning
Pharmaceutical director Nylah has a total taxable annual income of over £360,000. This reduces her annual pension allowance to just £10,000. Nyla’s financial adviser suggests she explores the tax-efficient opportunities available from investing in a VCT.
The Scenario
Extracting business profits tax-efficiently
Limited company owner Raj takes income in the form of a salary and dividends, and now pays more tax on his dividends. His financial adviser explains how a VCT could help to reduce his income tax bill while earning tax-free VCT dividends.
The Scenario
Helping high earners reduce their tax burden
Finance director Reuben has received a bonus. Although adding to his pension would be tax-efficient, he doesn’t want to lock the money away until retirement. His financial adviser suggests investing in a VCT as a tax-efficient alternative.
The Scenario
Offsetting taxes on pension income
Marie retired with a significant pension pot and wants to withdraw some money from her pension but is conscious this will result in an income tax bill. Marie’s financial adviser explains how investing in a VCT could help offset her tax bill.
The Scenario
Making property rental income tax-efficient
Landlord Emma receives rental from buy-to-let properties, her sole source of income which leaves her with income tax to pay. Emma’s adviser explains how a VCT could reduce her tax liability and provide another tax-free income stream.
The Scenario
Surrendering a bond
tax-efficiently
Asher knows surrendering his investment bond would be a chargeable event, resulting in an income tax bill. Asher’s financial adviser explains how surrendering the bond and investing in a VCT could offset his income tax liability in full.
VCT planning scenarios at a glance
Thinking about VCT planning ideas to discuss with your client bank? Our menu gives you instant access to view and download all our client scenarios in one convenient document.
