With finance seemingly as hard to get as ever, could you do what Kyle McDonald did and bypass the banks altogether? Prepare to be inspired!
Protected Rights – new possibilities from April 6th
Historically, many people chose to contract out of the State Earnings Related Pension Scheme using their money purchase pension. Put simply, this meant that the money that would have gone into SERPS went into their personal pensions instead – effectively, they were swapping known benefits from the Government for unknown
Guarding against Inheritance Tax biting into your estate
It is never too early to start planning where Inheritance Tax (IHT) is concerned. At the very least, you should keep a watching brief on the value of assets that could be part of your estate, particularly in relation to the inheritance tax nil-rate band. This has not changed since 2009 and whilst it is set to remain at its current value of
Five qualities a Financial Planner brings to your investment portfolio
Phillips Financial Planning goes global….all the way to Pakistan!
Don’t put the cart before the horse
Ask yourself this question. Without an income to support you, how will you keep your car, your Sky TV subscription, your golf club fees and pay for your holiday abroad each and every year? How will you continue funding your lifestyle should illness prevent you from earning? We always recommend you consider the necessary
Cash flow modelling – your very own crystal ball?
Top 10 tips to disappoint the taxman!
As I’m writing this, the end of the tax year is less than a month away. By the time you read it, the deadline will be a lot closer. Nobody likes paying tax, so it makes sense to do whatever you can to minimise the amount of tax that you pay and take advantage of all the allowances that are available to you. Remember, most allowances apply to one