Story by: Julie Hutchison, Financial Adviser
After a speech lasting about 50 minutes where inheritance tax and trusts were not mentioned, the question was whether the 93 Budget Notes would contain any sting in the tail.
Four out of seven key personal tax breaks have failed to keep up with inflation over the past 11 years, including inheritance tax (IHT) and Individual Savings Account (Isa) allowances.
Bonds are still popular despite changes to the capital gains tax regime, according to Defaqto.
Investors could ride out the current volatility in the stock market by putting their shares into a Sipp according to Mary Stewart, marketing director for Hornbuckle Mitchell.
BDS, in partnership with Universal Asset Protection, has launched the Asset Protection trust, allowing brokers to earn additional income by referring clients who want to find out more about protecting their home for their children’s future.
Law firm Boodle Hatfield has slammed the new rules relating to the tax treatment of UK resident non domiciliaries for being uncertain and an administrative burden.
Savvy landlords have managed to halve their tax bills by waiting until the second quarter to sell their buy-to-let properties, following capital gains tax (CGT) reform earlier this year.
New Iveagh fund aims for wealth preservation and targets a return of 9.5 per cent a year
CGT and non-dom changes "poorly handled", acccording to Select Committee on economic affairs
CGT changes could see insurance bond market drop by 10 per cent
Is it more beneficial to roll up dividends from income unit trusts for growth or to go for accumulation units, which reinvest automatically? Gareth Shaw looks at the options
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Business asset taper relief was abolished on 6 April 2008 and replaced with entrepreneurs' relief. Nick Williams of Clerical Medical explains how advisers should help clients plan their exit strategy to the last minute, to maximise the cash extracted from the business
Buy-to-let has a vital role to play in the current difficult climate, Paragon Mortgages claimed, as tenant demand remains robust.
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