Tag: Tax

Investment Insights

We all have different objectives in life and need different strategies to help achieve them. Sensible diversification – owning a mix of assets, including shares, bonds and alternative investments such as property – can help protect investors over the long term. When one area of a portfolio underperforms, another part should provide important protection... However, when it comes to financial planning for your future, it’s important that you receive expert professional advice about all the options and income sources available to you.

/ 21st May 2020

Discover a Clearer Financial Future

It’s often a common fallacy that only those that are wealthy have any need for professional financial advice. Regardless of how careful you are with your money, dealing with the tricky intricacies of taxation, investments and financial regulations can be difficult for even the most money-conscious of earners. However, when it comes to financial planning for your future, it’s important that you receive expert professional advice about all the options and income sources available to you.

/ 11th May 2020

Millennial Money

Building wealth for the future is important, but increasingly people want their investments to do more than make money. Investing ethically means different things to different people. According to a new global survey[1], almost eight out of 10 millennials now prioritise socially responsible and impactful investing...

/ 27th April 2020

Preserving your Legacy

Are you worried about leaving an inheritance to your loved ones and then having them pay tax on your legacy? No one likes to think about a time when they won’t be here, but unfortunately the reality is that some people aren’t prepared financially...

/ 3rd April 2020

Effective End of Year Tax Planning

The end of the 2019/20 tax year is fast approaching, and there are a number of valuable allowances and reliefs that will be lost if they are not used before the deadline. These opportunities include, but are not limited to, four important areas of tax planning. We’ve summarised these allowances below and suggest that if appropriate to your particular situation, these areas should be reviewed before 5 April 2020...

/ 31st March 2020

Tax Wise

As we enter January, the end of the 2019/20 tax year will be just over three months away on 5 April. As this date approaches, the window of opportunity reduces if you want to make the most of valuable allowances, reliefs and exemptions that could help reduce your tax bill and make sure your finances stay tax-efficient.

/ 2nd January 2020

Inheritance Tax

Will you be one of the thousands of households in Britain that will have to pay Inheritance Tax? What’s the best way to avoid it? If you’re administering an estate because someone has died, how do you obtain probate? Is it ever possible to retrospectively minimise an estate’s tax liabilities?

/ 9th October 2019

Taxing Times

Making sure you use up any allowances you are entitled to is the first step to reducing the amount of tax you may be liable to pay.We’ve provided our ‘Top 5’ list of planning areas to consider before 5 April 2020, the end of the 2019/20 tax year. The rates given are correct for the 2019/20 tax year.

/ 14th August 2019

Lifetime Allowance

An estimated 1.25 million people are set to breach the current lifetime allowance (LTA) limit of £1.055 million for pension tax relief over the course of their working life, according to new research published...

/ 22nd June 2019

State Pension Deferral

A significant number of people working past the State Pension age could be paying unnecessary tax on their State Pension, according to new research [1]. This is because they failed to take up the option of deferring their State Pension until they stopped work. As a result, their entire State Pensionis being taxed, in some cases at 40%.

/ 15th June 2019

Retirement Income

‘Will I be able to afford the retirement lifestyle I want?’is a question that many people ask but struggle to figure out. There are many ways to assess your likely income in retirement and work out how much you need to put away now to enjoy the kind of lifestyle you want in later life...

/ 18th May 2019

Safeguarding your wealth for future generations!

Unforeseen life events and circumstances can potentially impact your finances in a number of ways. We can help you to safeguard your wealth for future generations. But for many of us, there can be a remarkable gap between our intentions and our actions...

/ 19th April 2019

Plan and Prepare

At this time of year, we think about New Year’s resolutions, and it’s also a good time to start planning our tax affairs before the end of the tax year on 5 April. As you think about 2019 and your goals for the coming year, we can help to start you off on the right financial footing...

/ 23rd January 2019

Avoid the Mad March Rush

Although the current tax year does not end until 5 April 2019, tax planning shouldn’t be a mad March rush. Now is the perfect time get a head start on your tax planning resolutions to enhance your own, your family’s or your company’s tax-efficient plans for the future...

/ 4th January 2019

Tax Matters!

It’s important to consider the tax implications of making financial decisions. The 2018/19 tax year is now upon us and a raft of new changes have come into force. The good news is that there is little change in the overall tax burden for basic-rate taxpayers...

/ 18th June 2018

Tips to Minimise the Tax You Pay

As we near the 2017/18 tax year end on 5 April, if appropriate to your particular situation, we’ve provided some tax planning tips to help you maximise the use of your various tax allowances and minimise the tax you pay...

/ 14th March 2018

Your Wealth, Your Legacy

If you have significant assets, you may be wondering whether inheritance tax (IHT) affects you. Worryingly, some families appear to be shying away from difficult conversations, as almost half (47%) of UK adults say they have never discussed inheritance matters...

/ 19th February 2018

Retirement Planning: Tax Matters!

Every client’s story is different. Each one is unique. We invest significant time to understand your very personal circumstances. We do this for all our clients, and setting your retirement income target is an essential part of this process...

/ 23rd October 2017

Inheritance Tax Planning: the Basics

There are many things to consider when looking to protect your family and your home. Protecting your estate is ultimately about securing more of your wealth for your loved ones and planning for what will happen after your death to make the lives of your loved ones much easier.

/ 18th September 2017

Passing on Wealth Without Further Tax Charges

On 6th April 2017, a new additional main residence nil-rate band (RNRB) was introduced, which allows for less inheritance tax to be paid in situations when a family home is left to children, grandchildren or certain other ‘qualifying beneficiaries’ – including stepchildren and foster children...

/ 31st July 2017