Golf has undoubtedly experienced an incredible upswing in popularity, despite – or perhaps because of – the enforced coronavirus restrictions. In May, the governing body, the R&A, revealed that there was an incredible 2.3 million extra golfers in 2020. But what can golf teach us about tax planning?
A good financial adviser will always respond to questions with “It depends.” Although getting the investment ‘right’ is important. Getting the investment ‘right’ does depend on what each client’s circumstances are and what they’re hoping to achieve.