Sometimes, people find themselves paying CGT unnecessarily, or fail to pay the correct amount and face fines as a result. However, with some useful knowledge, and good financial planning, there are plenty of ways to reduce Capital Gains Tax, or even avoid it altogether.
In this post, you’ll discover what you need to know about gift tax ahead of the festive season, including your gift allowance and gifting exclusions, to help you with your financial planning for Christmas.
If you are thinking about life after work, you may be wondering how much you will need for a comfortable retirement. It is a common question, “How much money should you have to retire comfortably?” Working out how much you will need to do the things you’ve always dreamt can be a fairly straightforward exercise.
Starting a pension as early as possible is something we are all aware is an astute plan if we are to enjoy a comfortable retirement. But just how early is ‘early’? Is setting up a pension for your child or grandchild a wise move?
A common question asked of us is, “how much do I need to retire at 60?” If this is a dream you have, you’ll no doubt be wondering, “how much do I need to retire?”, and that’s precisely what we’ll explore in this post.
If you are employed and were asked to work from home by your employer due to the COVID pandemic, and as a result you found that your household costs increased, you will likely be eligible to claim working from home tax relief.
There is more to the role of a financial adviser than providing investment advice. As World Values Day was celebrated globally on 15th October, it is worth thinking about the value of financial advice.
Whilst making a will and estate planning both deal with choosing who will inherit your estate and be responsible for handling all your affairs after you’ve gone, estate planning goes much further than this, putting strategies in place to ensure loved ones are protected and provided for in the best way possible
If you have set ideas about who you would like to benefit from your estate when you die, or you are particular about who you would not like to inherit any of your assets, then the only way to take control is to make a will. But there are more reasons why you need a will. Let’s explore some of them in more detail.