Tactical Planning

A brief overview of the main changes that are likely to affect clients....Read more

Figures announced last week measuring inflation stated that we are experiencing the biggest rise in the cost of living since 1991. This rise in inflation now means that a basic rate tax payer has to find an account paying 6.6% to keep pace with inflation (RPI) with the gap between...Read more

Transfer assets to your spouse to maximise the personal allowance for income tax and capital gains tax (£10,100) purposes. You can also make use of a spouse's basic rate tax band of 20% on earnings up to £37,400....Read more

The new ISA limit, as from the 6th of April 2010 is £10,200 per year and will now increase in line with inflation in the future....Read more

This doesn't relate to pensions although the level of tax relief is still attractive except for high earners.
Tax relief is available from Venture Capital Trusts on up to £200,000 at a level of 30% and with Enterprise Investment Schemes up to £500,000 at 20%. You must hold a VCT...Read more