In my day to day work I come across tax planning in all its forms. This ranges from, advising people on how to arrange their affairs to take advantage of the more familiar (well to me anyway) tax breaks open to them, right up to discussing the more complicated options that are open to them. The more complex options usually have a price tag on them but, as the tax saved under these is normally substantial, the price may well be considered well worthwhile.
A recent survey showed that one of the aspects most valued by clients is simple tax planning advice and this is very rewarding for me, as I earn my crust by giving such advice. I would however like to know how people view the more complicated solutions. I am sure it is my duty to inform people of what is available but I would be interested to know whether you feel that this is all that should be done or whether such solutions should take a more prominent position in the advice given.
It has been long held by the Law Courts that anyone is able to order their affairs in such a way as to minimise taxation and my question is how far you feel that we should go in this respect. Just keep to taking advantage of the tax breaks open or invest in something that was designed just for the tax benefits.
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