Every client’s financial journey is unique, shaped by goals, challenges, and timing. This case study follows one Hampshire-based client, an executive in the tech sector, who approached W Wealth with concerns about growing tax liabilities, fragmented investments, and an unclear retirement plan.
Through a combination of structured financial advice and coordinated planning, we helped them turn complexity into clarity.
The Situation: High Income, Higher Tax Exposure
Our client, aged 52, had built a successful career in a Hampshire-based technology firm. With an annual income exceeding £200,000, they were facing the full impact of the tapered annual allowance for pensions, a significant 60% effective tax rate in the personal allowance phase-out band, and large annual self-assessment tax bills.
They had accumulated multiple pension pots, a range of unmanaged ISAs and general investment accounts, and held unutilised tax allowances. Their key concerns included:
- Reducing annual tax liabilities
- Making better use of pension contributions
- Streamlining investments for growth and efficiency
- Preparing for retirement within 10–12 years
Our Approach: Realignment Through Strategy
We began with a comprehensive financial review, mapping all assets, income streams, tax positions, and future goals. From there, we implemented the following:
- Pension Restructuring: Maximised pension contributions using the carry-forward allowance, bringing down adjusted income to reduce the impact of tapering
- Income Optimisation: Shifted bonus payments and restructured remuneration to avoid the 60% tax band
- Investment Consolidation: Streamlined multiple ISAs and GIA accounts into a more efficient portfolio, aligned with the client’s retirement timeline
- Tax-Efficient Planning: Utilised spousal allowances, capital gains exemptions, and charitable donations to lower the overall tax burden
The Results: Clarity and Control
After implementing the strategy over 18 months, the client saw measurable benefits:
- Annual tax bill reduced by approximately £17,000
- Increased pension contributions without breaching limits or triggering tax penalties
- Clear and simplified investment structure with long-term growth potential
- Renewed confidence in retirement planning and future income expectations
Why It Worked
This wasn’t about one clever tax trick; it was about building a joined-up financial strategy that respected the client’s goals, adapted to the tax landscape, and allowed for future flexibility.
By coordinating advice across pensions, tax, and investments, we helped turn fragmented planning into a coherent, forward-looking strategy.
Final Thoughts
Tax challenges can often feel overwhelming, especially for high earners whose financial lives evolve quickly. But with the right advice and planning, those challenges can become opportunities.
If you’re based in Hampshire and want help aligning your finances for clarity and growth, we’d be happy to speak with you.
Contact our team to learn more.
