Successive Chancellors of the Exchequer have taken increasingly strong measures to increase their tax revenue by preventing tax evasion and avoidance. With the pressure on the government's finances, it is unlikely that the present Chancellor will not be any different. Financial planning has never been more relevant. Her Majesty Revenue and Customs (HMRC) defines [...]
By Carly Buck, Independent Financial Adviser. DipFA CeRER CeMap Countdown to April 2027. Following the Government’s announcement in the October 2024 budget, from 6th April 2027, pension funds will no longer be exempt from inheritance tax (IHT). This means any remaining pension funds on death will be considered part of your estate and could [...]
By Rachel Efetha, Chartered Financial Planner. What are Venture Capital Trusts A Venture Capital Trust (VCT) is a type of investment fund in the UK that invests in small, growing businesses. The UK government encourages people to invest in VCTs by offering attractive tax benefits, as these funds provide crucial support to early-stage companies. [...]
By Rachel Efetha, Charter Financial Planner at Anstee & Co. For a lot of people, an Inheritance can come in very handy. It can pay off a lump towards your mortgage, allowing you to shorten the term and retire early. It can be used to buy the motorhome you have always coveted, or it [...]
So, what is a Trust? 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. [...]
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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
