Introduction to tax planning using Enterprise Investment Schemes (EIS), Venture Capital Schemes (VCT) and Business Property Relief (BPR).

Tax planning will impact all clients to a lesser or greater degree depending on their own personal circumstances. There are a growing number of advisers who are adding significant adviser alpha to their top level relationships through mitigating either IHT, CGT or Income tax.

None of us have a crystal ball but it would like the general direction of travel is for taxes to increase at some stage in the future. Even before Covid 19 IHT receipts increased to £5.4 billion last year which meant there was over £13.5 billion of assets where people failed to do any planning. The opportunity for estate planning in particular is huge. Kings Court Trust estimate that £5.5 Trillion of assets will cascade through the generations over the next 30 years.

There are also an ever increasing number of investors who are restricted in their pension contributions or are impacted by the Lifetime Annual Allowance so we will look at ways that VCT and EIS can help create additional tax advantaged funds that can be used for tax free income and to get more assets that have a nil value for IHT.

Introduction to tax planning using Enterprise Investment Schemes (EIS), Venture Capital Schemes (VCT) and Business Property Relief (BPR). In particular we will look at;

• Articulating the different tax incentives that clients can use with VCT, EIS and Business Property Relief
• How to spot clients or planning opportunities associated with these reliefs and products
• How do these investments perform and what are the key risks involved.

Martin has been supporting intermediary distribution both directly and indirectly for 33 years with over 25 of those years at Zurich. Having performed senior management roles for 17 years at a few platforms and providers he wanted to get back to what he enjoyed the most, dealing with advisers and trying to help them get even better outcomes for their clients.

Martin has covered the South West region for Octopus for the last four years supporting advisers with Inheritance Tax Planning and Income Tax planning ideas. When not doing this he loves watching most sport, goes to the gym regularly and spending time with friends and family. Martin is married with 2 adult children, 2 cats including a very large lazy Persian called Sergio and a Cockerpoo called Minnie!