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We hope you find the content of our blog useful and informative.
If any of the points raised are of interest, or you would like to discuss your own situation in more detail, please call us and we will be happy to help.
The information is intended to provide information only and reflects our understanding of legislation at the time of writing. Before making any decision, we suggest you take professional financial advice.
Category Archives: Tax & Planning
Venture or Adventure?
Venture Capital Trusts offer investors excellent tax breaks and access to further diversification for their portfolios Continue reading
Posted in Investment, Tax & Planning
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Back to the Future: Pension Carry Forward
Prior to the current Tax Year an individual could technically contribute £255,000 per year into their pension fund. However, the ability to do so on a tax efficient basis was significantly restricted by the introduction of the restrictions for so called ”high earners” … Continue reading
Posted in Pensions, Tax & Planning
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Pensions: Higher Rate Tax Relief to End?
Delaying your pension contributions could cost you dear if you are a higher or additional rate tax-payer. Continue reading
Posted in Pensions, Tax & Planning
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Pensions – a one-way bet
Investing into a pension is a guaranteed way to treble your money for a 50% tax payer Continue reading
Posted in LIFT-Financial, Pensions, Tax & Planning
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Financial Planning – Where do you start?
A basic financial planning exercise has to start with a thorough review of current income and outgoings and then the likely changes as their lives develop. Most people rarely do this and as a result only ‘get by’ month to month, leaving such major questions as how much income they will need in retirement or how much capital they will require to pay for their children’s education unanswered. The result is likely to be a failure even to think about planning ahead, thereby leaving their success down to chance. Continue reading
Posted in Tax & Planning
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Capital Gains Tax & Entrepeneurs
The coalition government’s Emergency Budget back in June 2010 proved to be a mixture of tough spending cuts and tax increases. For entrepreneurs in particular, the Chancellor of the Exchequer, George Osborne’s, expected rise in the rate of capital gains tax (CGT) was perhaps the most notable. Continue reading
Posted in Tax & Planning
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Junior ISAs
The Coalition Government has now confirmed details of the long awaited savings plan analysts had been expecting since the withdrawal of Child Trust Funds (CTF) last year. Continue reading
Posted in Investment, Tax & Planning
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Working for the Taxman
The Adam Smith Institute calls it Tax Freedom Day, the day in the year when we finally stop earning to pay the tax man and start earning money for ourselves. This year, that day fell on 30 May 2011, ten days later than it was in the mid 1990s and, thanks to the rise in VAT designed to reduce the UK’s debt burden, three days later than last year. Continue reading
Posted in Tax & Planning
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NS&I – Index Linked Certificates
Savings & Investments (NS&I) has started selling index-linked savings bonds again. This provides an excellent investment opportunity for clients who wish to diversify away from cash holdings with the capital being guaranteed and returns assisting in protecting the value of cash against rising inflation. Continue reading
Posted in Guides, Tax & Planning
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Independent Taxation & The 50% Rate – Business Assets
Further to the previous article discussing options for individuals, we now take a look at business assets. Continue reading
Posted in LIFT-Financial, Tax & Planning
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