How to focus on planning that clients will value and pay for.
Author Archives: tecconn
Investing Corporate Cash
Cash on the balance sheet can have a negative effect on business property relief but maybe not entrepreneurs relief. Investing it requires care. Business needs, risk assessment and tax consequences must be understood before taking action.
Looking at the new proposals for taxing discretionary trusts
A Fairer way of calculating trust charges (the 3rd consultation) sets out a new basis for applying inheritance tax to discretionary trusts. Whatever is implemented in legislation next year will apply to trusts created on or after 7th June 2014 .There’s a need for advisers to consider how various financial product/trust combinations will be affected.
Mind The (Tax) Gap
The government continues its relentless attack against aggressive tax avoidance. I take a look at their strategy and how to keep the right side of the line with financial planning strategies. Boring is the new exciting.
Relevant Life Policies to avoid the lifetime allowance
Replacing death in service benefits that might cause the LTA to be exceeded by RLPs or Excepted Group Life schemes
The Power of Reinvested Income
Cash flow and HMRC
The new provisions and proposals for securing tax in advance in relation to avoidance schemes and collecting unpaid tax of more than £1000 from taxpayer accounts