Client tax guides

Investment planning is the process of matching your financial goals and objectives, with your financial resources. Technology, ever increasing investment opportunities and stricter regulation continue to change. But has your investment strategy kept pace?

Financial resilience is the ability to recover quickly from an unexpected financial shock. Many of us insure our homes and cars without really thinking about it, but far fewer insure their lives and incomes. Savings can and do help in the short-term. But what happens when they run out?

Most parents want to help their children financially, whether it is making sure there is enough money for their education or eventually helping them to buy a property. An early objective as they grow up may well be to help children understand the value and importance of money.

If you are a business owner, business succession planning and insurance is important. It is simply the process of planning for what you want to happen if you (or your co-owner, if you have one) were to die or fall seriously ill.

Financial planning isn’t just reserved for the especially wealthy. Whether we’re aware of it or not, all of us are on a financial planning journey and nearly all of us will want to make the most of our money.

If you are a high earner and feel you are paying more and more tax, you are not alone. More than one in seven income taxpayers are taxed at the higher or additional rate and they pay about two thirds of all income tax.

Estate planning is usually not a subject that attracts immediate attention. It requires you to consider what will happen when your life is over, hardly something most of us rush to contemplate. Consequently, estate planning often becomes a do-it-tomorrow task. Then it could suddenly become all important… or it might be too late.

The way that investments are taxed has changed over recent years as successive governments have chosen to handle various sources of investment income in different ways.

Retirement is something most of us look forward to – particularly on a Monday morning. However, those thoughts are often little more than a whimsical cocktail of not having to work and prolonged holidays. The reality could be rather different.

There comes a time when you stop working for your money and put your money to work for you. For most people, that is at retirement.

Becoming a landlord has been an attractive proposition for anyone who could raise a deposit, thanks to a prolonged period of low borrowing costs and generally rising property values. Uncertainty in the housing market may reduce property prices whilst capital gains tax (CGT) changes may occur.

Individual Savings Accounts, universally known as ISAs, began life as relatively simple savings plans in 1999, but over the years the rules surrounding them have become ever more complex.