Much has been made of the planned increase in Capital Gains Tax, which was supposed to be used to offset the Lib Dems' promise of income tax cuts. The news yesterday was that it may not turn out be as effective as was originally predicted, but, whatever the case, an investment portfolio can be used to manage withdrawals and fund switches to take up one's £10,000 Capital Gains Tax limit.
Whilst any increase in tax is unwelcome, at least you can manage your allowance through investments.
Ask your adviser if you'd like to find out more.