Cheers to being a ‘Million-Heir’

By | 08.2018|Inheritance Tax|

With estate planning, you can decide what happens to your money and possessions (even your pets) should something happen to you. But, Estate Planning is useful in other ways too - it can help you minimise any Inheritance Tax liability and ensure your wishes are carried out in the event of your death if you [...]

All change for the new tax year!

By | 06.2018|Tax Planning|

It's important to consider the tax implications of making financial decisions. The 2018/19 tax year is now upon us and a raft of new changes have come into force. The good news is that there is little change in the overall tax burden for basic-rate taxpayers. However, there are a number of areas that have [...]

How to make the most of your retirement

By | 04.2018|Retirement Planning|

EVEN IF RETIREMENT ISN’T FAR AWAY, THERE ARE STEPS YOU COULD TAKE TO INCREASE YOUR EVENTUAL RETIREMENT INCOME. THIS APPLIES BOTH TO YOUR STATE PENSION ENTITLEMENT AS WELL AS TO ANY PERSONAL OR WORKPLACE PENSION POTS. We’ve provided some areas to consider that you may wish to discuss with us to help you to meet [...]

Top Tips For Tax Planning!

By | 03.2018|Tax Planning|

As we near the 2017/2018 tax year end, we thought it would be helpful to provide some tax planning tips to use to help maximise the use of your various tax allowance and minimise the tax you pay. Of course, these aren't appropriate to everyone but could be invaluable to some. Income Tax planning • [...]

Our top 7 pension tips for nuturing your nest egg this year!

By | 01.2018|Pensions|

We’ve provided seven pension tips for you to consider to keep your retirement plans on track this year. 1. Consider consolidating your pension pots – while it might be hard to keep track of pensions with job changes, the Government offers a free Pension Tracing Service. Bringing your pension pots together may help you manage them, but take care to understand the [...]

Protecting, preserving or ultimately distributing your wealth

By | 12.2017|Protection|

Ensuring that you have adequate financial protection for you, your family and any dependants is an important element of financial planning. As a healthy working person with a good income, you may feel reasonably confident that you are able to provide for your family. However, your finances could be more precarious than you think. No matter what the current [...]

When is a Self-Invested Personal Pension the right option?

By | 12.2017|Pensions|

Self-Invested Personal Pensions (also known as ‘SIPPs’) are being used by a rising number of private investors keen to take control of their retirement planning. First introduced in 1989, SIPPs have evolved into the favoured investment vehicle for individuals seeking more control and flexibility in their retirement planning. SIPPs are a form of pension available to all investors who choose to invest into [...]

Inheritance Tax – What are the numbers?

By | 06.2017|Inheritance Tax|

As of April 2017, the new Inheritance tax (IHT) rules have come into force, but what do they mean? As it stands each person in the UK has a Nil Rate Band (NRB).  The NRB is the amount that you have within your estate before you pay any Inheritance tax.  For any type of asset [...]

New Probate Fees

By | 05.2017|Probate|

The Chancellor's most recent budget exposed plans of new probate fees, however many of us missed these. Previously it was simple, when we pass away we just needed to pay a flat fee of £215 but now, in some extreme cases, you could be liable to pay up to £20,000. It must be noted that the [...]