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Effective tax planning can make a massive difference to you and your family’s financial wellbeing. Tax planning is one of the most important aspects of any form of financial advice. Good tax planning could possibly save you hundreds, if not thousands of pounds every year.
Whether you are looking to reduce your income tax bill, save on capital gains tax (CGT) or put into place a plan to reduce your estates Inheritance Tax (IHT) we can help you.
If you own your own business, we can also provide advice on tax planning for small businesses.
Any opportunity to reduce the amount of tax each of us pay is usually welcome. If you would like to find out more about the tax planning opportunities available to you, please contact us.
There are some aspects of tax planning advice that is not regulated by the Financial Services Authority. If you would like more information please contact us.
I was recently asked by a sceptical friend to give a good reason why she should make a Will. I answered that, in fact, I could give her 216 reasons.
216 is the number of beneficiaries who recently inherited a moderately valued estate of £250,000; where some received cheques for as little as £3.76
The 2013 Annual Budget Statement painted a somewhat bleak economic picture, alleviated by a few crowd-pleasing bright spots. Chancellor of the Exchequer George Osborne cut the predicted level of growth in the UK during 2013 from 1.2% to 0.6%.
A recent vote organised by MEP Sven Giegold, named and shamed financial products that consumers felt were the most dangerous consumers and the environment.
One of the culprits was Food speculation funds. This type of investment topped the table for financial products that were most likely to harm the environment.
Andrew and Linda had over many years accumulated a portfolio of investments for capital growth purposes. The portfolio was £200,000 in size. Their objective was to obtain capital growth on the portfolio.
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