Category Archives: Personal Financial Advice

Facing a Sky fall Future (3) – I can’t afford it !

We really posted a blog on why people do not fund pensions. The point that really required making was why do so many fail to postpone their immediate “wants” and instead use their money now to create a portfolio of …

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Skyfall financial future for you?

You should consider yourself the most important person in the universe, you are unique and you are special. Accepting that, we presume that you would wish to organise your financial affairs to reflect this. Hopefully therefore you won’t (like almost …

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A tip on when and how to start saving for children …

Parents with a young child face a dilemma: When is the right time to start saving for an educational fund or a savings scheme for their child? Most parents want to provide a financial sum for their children at some …

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A tip on how to provide more protection for your loved ones, for less

How would you like to protect your family and your business for less money than you are currently paying out? I thought so. Read on to find out how… Getting more for less – sounds like a bit of a …

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A will is a cornerstone of sound financial planning and peace of mind

Many people have an aversion to writing a will. It’s understandable; nobody likes facing their own mortality. But what I have found is that clients are happier to confront and discuss about it when they have more information, as this …

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Creative Pension Planning – How can one mitigate investment losses and boost retirement using creative planning

We’re living in extraordinary times: the value of investments in all four main asset groups – equities, bonds, property and cash – have all dropped simultaneously. This was not supposed to happen. It has, so economists need to re-evaluate their …

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Is Comedian Jimmy Carr having a laugh with tax avoidance scheme K2?

HMRC has confirmed that the K2 scheme is under investigation and has vowed to “challenge it in every way available to them,” stating that the “Government does not intend anyone, no matter who they are, to get away with paying …

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Joan Collins speaks out over income tax

Famous actress and celebrity Joan Collins, whose most well known role was as Alexis Colby in Dynasty has spoken out over the Coalitions unfair and unjust tax policies. Joan spoke up for hard working families who are paying high amounts …

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Tax avoidance in the sun?

Over the years HMRC have targeted their efforts on particular trades and professions in an attempt to counter tax evasion. More recently however they have begun to target the wealthy. Following a very successful campaign on offshore banking, HMRC are now planning to counter tax evasion and under-declaration arising from the ownership of overseas property.

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Failed film partnership – causes tax avoidance grief – but not for the promoters!

Film Partnership schemes have been around for years, they are normally entered into with the hope of obtaining corporation tax relief or relief against income tax. In recent years they have come under increasing scrutiny, the Eclipse Film partnership 35 was set up to secure income tax relief for its investors. It entered into a complex set of transactions with the Disney Group of Companies to licence film rights and sub-license rights to distributor.

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85% of taxpayers take no action to reduce Inheritance Tax!

Despite Inheritance Tax being one of the easiest taxes to avoid, very few people take active steps to reduce this tax. This lack of means that HMRC often will take a larger shares of the estate than the beneficiaries! However …

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Who would you trust with your children?

www.freefoto.co.uk In the UK there are over 13.2 million dependent children. 76% of them live in a two-parent family but 24% have just one parent caring for them – most of these are women. With statistics like these, it is …

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How do you deal investment funds that are showing a loss on original purchase price?

www.freefoto.co.uk We are pleased to provide a guest blog from Rabix Wealth who understand the importance of psychological  differences with a variety of investors. Investments, particularly in equities are subject to capital fluctuation or variances (most investors regard this as …

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One more fling of the dice for high rate tax payers?

©Ithica Publishing Services The forthcoming budget is unlikely to bring much comfort to high rate tax payers. It seems very likely that changes will be made in tax legislation that will put a stop to some generous reliefs on pensions.  …

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Inheritance tax Relief for Furnished Holiday Letting?

©Ithica Publishing Services A recent Tribunal has decided that the activity of Furnished Holiday Letting, even when carried on in a modest scale, can amount to a business property for the purposes of Inheritance Tax Business Property Relief (BPR). The …

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Late with your tax return?

© Ithica Publishing Services The deadline to file tax returns for the previous tax year that ended 5th April 2011 is 31 January 2012. These returns can only be made online now. It is of greater importance this year to …

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Are you disappointed with the financial advice that you have received to date?

www.freefoto.com If you are a business owner or a private individual with over £250,000 of investment capital then the chances are that you may be dissatisfied with the level of service or standard of advice that you have received in …

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Pension Roll Up – Roll Up – Roll Up

Ithica Publishing Services The 3 year carry forward rule means that it is possible if you have not contributed to your pension in the three previous years, that you can roll forward up to £50,000 worth of relief and therefore …

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50% (or more) Tax Savings Possible

freefoto.com From April 2012 the seed enterprise investment scheme (SEIS) will allow individuals who invest up to £100,000 in a new start up business – to claim back 50% tax relief of the amount invested (regardless of the rate at …

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Establishing a Charitable Trust

freefoto.com There are numerous reasons for setting up a charitable trust. Many people want to ensure that their assets are used to fund charitable ventures, and they establish a trust to ensure that those assets will be disbursed in a …

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