This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.


Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

What to do with a high income?

Joined:Sun Jun 17, 2018 2:59 pm
What to do with a high income?

Postby Cap_Scarlet » Wed Oct 18, 2023 4:41 pm

Over the next 7 years i will receive a 'known' high income (deferred income from prior years so the amount is know). The amounts will put me into the 45% tax bracket.

Other than maxing out pension contributions what can i do to shield this income from tax?

Joined:Fri Jun 01, 2012 10:11 am

Re: What to do with a high income?

Postby strawn » Wed Oct 18, 2023 10:04 pm

If you feel daring you could look at VCTs

Return to “Income Tax”