Description

It’s no secret that top slicing relief offers a powerful method of reducing tax liability by spreading bond gains across each year of the lifetime of the bond. 

But no matter how experienced a paraplanner you may be, working out the best way to make use of the relief, and getting the top slicing calculations right, can be tricky.

That’s why we think this case study investigation (CSI) on top slicing will be right up your street.

In this 45-minute special on top slicing, Utmost International’s technical sales manager, Steve Sayer, joins The Paraplanners’ Richard Allum, to pick his way through a case study featuring fictional client, David. 

Designed to give you the chance to consider the financial planning opportunities from all sorts of angles, this CSI will help you:

• understand how top slicing relief works and when it can be applied;
• calculate top slicing relief as accurately and tax efficiently as you can;
• work out strategies to assign bond segments to spouses or beneficiaries to reduce tax liabilities;
• understand how pension contributions can be used to save tax and maximise relief; and
• navigate how bond gains, personal allowances, and other sources of income work together

Whether you’re new to top slicing relief or are a seasoned pro, it never hurts to top up your knowledge and know how – especially when it can make such a big difference to a client’s financial plan.

Useful links

Download the slides referred to in this case study investigation. Just listen out for the bell to follow along.

Slides: Case Study Investigation - more top slicing relief (opens PDF)

CPD: take the quiz and receive a certificate by email

Utmost x Paraplanners' Assembly: all our previous deep dives

Utmost Technical Academy webinar series

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