Investors can minimise their tax bill through a variety of strategies. However, Mark McShane, from Chrysalis Lifestyle Planning, says it’s important to consider whether your income in the following financial year is likely to be higher or lower to maximise any tax savings.
He also cautions against looking at tax savings in isolation. “Consider the bigger picture of the planning pie. A strategy that provides a big deduction in one year may be questionable in terms of
