Trust. The different types and when to use them.

So, what are they? A trust is a legal arrangement where you give property, investments or cash to someone else so they can look after them for the benefit of a third party. An example of this would be if you put some of your savings aside in a trust for your children. The roles [...]

2019-07-31T14:31:55+01:00 August 8th, 2019|News|

How financial planning could keep you out of jail?

Successive Chancellors of the Exchequer have taken increasingly strong measures to increase their tax revenue by preventing tax evasion and avoidance. Her Majesty Revenue and Customs (HMRC) defines tax avoidance as "bending the rules of the tax system to gain a tax advantage that Parliament never intended". It goes on to say that tax avoidance [...]

2018-10-25T11:56:39+01:00 October 25th, 2018|News|

How to “legitimately” save paying Inheritance Tax

If you have an estate that is worth more than £325, 000, Inheritance Tax (IHT) of 40% is paid on the excess. You can pass on your estate to a spouse or civil partner completely tax-free on death. If you leave it to your children or others, they will not benefit in the same way. [...]

2018-06-06T17:14:09+01:00 May 14th, 2018|News|

Enterprise Investment Scheme. What are they & do you need one?

I am often asked about Enterprise Investment Scheme (EIS). Often people are aware that they are a way of saving tax but are not sure if they are right for them. So here is a simple, straightforward guide. The Enterprise Investment Scheme is a tax- efficient investment that was introduced by the Government back in [...]

2018-04-05T17:20:04+01:00 April 19th, 2018|News|

Time for Financial Advisers and the Legal Profession to ‘Assemble’

By Carl Stephenson, Chartered Financial Planner based in Stamford, Lincolnshire. For anyone with children, or maybe the inner child in you, I am sure you know that the key premise of the Marvel ‘Avengers Assemble’ movie being the bringing together of a team of superheroes, each with a unique set of skills and expertise. The [...]

2018-02-21T15:50:14+01:00 February 13th, 2018|News|

Investment Update. Fund Managers views.

By Rachael Efetha, Chartered Financial Planner based in Bedford. Carl Stephenson and I represented Anstee & Co at the Architas Investment Conference last week where we spent two days with some of the top fund managers and financial services influencers. Architas is a Multi-Manager firm. This means that they decide on the overall asset allocation [...]

2018-02-21T15:50:18+01:00 January 25th, 2018|News|

Inheritance tax receipts keep rising. Need you pay?

Exceptionally high levels of stamp duty are reported to be discouraging house sales and in particular discouraging older people from down-sizing. Stamp duty on the sale of a £2 million home will amount to £143,000 and on a £600,000 home to £20,000. The government is also benefitting from increased receipts from inheritance tax (IHT) which [...]

2018-02-21T15:50:47+01:00 September 21st, 2017|News|

Trusts. Why would you need to set up a trust?

What is a trust? To start off with the technical stuff about a trust- A trust is legal arrangement which enables a person, known as “the settlor” to transfer the ownership of property, cash or shares to another person known as “the trustee” to hold on behalf of a third person known as the “the [...]

2018-02-21T15:51:35+01:00 May 1st, 2017|News|