Implement Estate Planning to Ensure Inheritance Tax doesn’t bite too hard!
Without question inheritance tax is the most controversial tax in the UK. To some it is a leveller in society, to others it is a tax upon tax already paid. Whatever your thoughts on the tax, if you have acquired a significant amount of wealth, you need an estate plan to ensure the majority of […]
One Third of UK’s Richest under HMRC Investigation
National Audit Office Report Reveals that 6500 High Net Worth (HNW) Individuals are under Investigation According to a new report by the National Audit Office (NAO) you could be under investigation by HMRC should you have a HNW of £20 million or more. HMRC set up a dedicated HNW unit in 2009 to do this. […]
Is the YOLO Generation engineering their own Financial Crash?
Research Shows 18-35 Year Olds Living for Today Not Tomorrow Research carried out by RateSetter is showing that 60% of young adults aged between 18-30 are not planning financially for their future. It would appear the You Only Live Once (YOLO) generation is aptly named. 60% of respondents stated they prioritised going out and takeaway […]
Key Considerations about Inheritance Tax
Inheritance tax payments are often seen as unfair. You could have worked all your life and acquired a healthy sum only to find that up to 40% of your estate is going to the taxman. At the same time, other options may allow your family members to spend your money in on things you may […]
Four Ways you and your Family Can Cope in a Financial Emergency
How will your family cope should the worst happen? If you provide the bulk of your family income, especially as an expat, there is a simple question you should answer: “Who will support your family should you be unable to work?” It is not a comfortable question but one we must answer to try and […]
Research shows Investments Give Better Return on Investments than Cash Savings
Never Underestimate the Power of investment New research carried out by Fidelity International has highlighted the power of investing in the stock market compared to cash savings. The research highlighted that over a period of thirty years, an actively managed fund of £10,000 invested in 1986, netted a return of £121,466. Over the same period […]
Are you missing out on Tax Breaks and Pension Benefits by Cohabiting?
Cohabiting Costs New analysis from the Royal London shows that if you are cohabiting with your partner rather than in a civil partnership or marriage, you are missing out on various tax breaks. The analysis shows that more over 65s are cohabiting than ever before, with the amount of people living together without tying the […]
UAE Poll Reveals Two Thirds are not saving for their Retirement
Are you saving for your Retirement Fund as a UAE Expat? If you’re currently an expat you should be thinking about funding your retirement. The fact is that without quality financial products behind you, your retirement could be a miserable affair. This is the prospect that many in the UAE seems to be facing in […]
Living to a 100 is Cool but how are you going to pay for it? New Retirement Issues Facing South Africans
Wind the clock back a few years and a person living to a 100 would be on the news. The person would probably be interviewed and they would talk about their earliest memories. Now living to a 100 and beyond rarely makes the news as it has become increasingly commonplace. This sounds great on the […]
Should you invest in Property Rather than your Pension?
Andrew Bailey, City Watchdogs Feels that you should not Top city watchdog Andrew Bailey has stated that he believes investing in property to fund retirement over a pension is a mistake. Responding to Andy Haldane’s comments that property was a better investment than pensions, Mr Bailey said: “As long as we continue not to build […]