Tax should never be central to any investment decision you make, but it still has an important role to play. What that means is your investments should be tax effective rather than tax driven.
‘Tis the season for giving
If you want to be sure that your Christmas gift won’t gather dust in a drawer, you can’t go wrong with the gift of money. Before you take out the cheque book, make sure you’re clear about the tax implications of gift-giving.