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The two 'Absolutes' in life are Death and
Taxes.
There are many different forms of tax, such as:
- Income tax
- Capital gains tax
- Inheritance tax
- Corporation tax
Inheritance tax, for example, now affects more people than
ever before. It is charged at an alarming rate of 40% on the
value of assets exceeding £300,000 (2006-2007). This
can be easily reached when taking into account property, life
policies and savings. However, there are a number of ways to
mitigate liability. By talking to one of our fully qualified
advisers you could ensure that you don’t pay a penny
more than you need to.
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