Considering the tax implications of individual or business decisions throughout...

Considering the tax implications of decisions throughout the year with the goal of minimising the tax liability.

Tax planning, when used in a life insurance setting, is a phrase that describes strategies implemented with the aim of reducing the amount of inheritance tax that your life insurance beneficiaries would have to pay in the event of your death. Wise tax planning can ease the financial burdens faced by your survivors.

tax preference item tax rate