Financial News
Home
About Us
Financial News
Latest Articles
Annuities
Asset Allocation
Corporate
Current Issues
Economic Issues
Independent Education
ISAs
Investments
Market Overview
Property
Protection
Retirement
Tax
Trusts
With Profits
----------------------------
Financial News Archive
Our Details
contact Us
Search
School Fees Planning
Independent School Search
Mortgage Services
Tax Planning
Wills and Estate Planning
Client Services
Financial Information Service
Tax Archive
Budget 2007... Your questions answered
How did you fare?
Q: What are the new road tax rates for 2007/08?
A:
There are seven bands of road tax and the cost varies depending on the emission of carbon dioxide per kilometre. To find out the emissions of your car, you will need to contact
the manufacturer.
Read on
7 ways to minimise your tax bill
Since the new rules on the taxation of trusts,
There are very few alternatives left for individuals who want to give away some of their assets without attracting an inheritance tax charge. However, there are still some options open to people wanting to minimise their IHT bills.
Read on
Are there any tax breaks left
You don’t have to bite the bullet and cough up
Over recent years we have had many talks and meetings with clients who feel that there doesn't seem to be any way left for them to reduce tax. We are often asked, ‘Do I just have to bite the bullet and cough up?’
Read on
Family wealth
Preserving capital
There are many ways of ensuring the taxman does not get a cut of your worldly goods. Parents and grandparents should give early and give often, if they want to keep family wealth beyond the grasp of the taxman.
Read on
Inheritance tax planning
Alternative solutions
Inheritance tax (IHT), once aimed solely at the richest members of society, now blights middle-income families across the country. Even though the Chancellor has performed an about-turn on trusts, here are some other ways in which you could avoid inheritance tax (IHT).
Read on
Is the lifetime pensions allowance under threat?
New rules could lead to a tax deduction
Pension administrators could start deducting tax directly from people’s retirement funds to pay to HM Revenue & Customs if they are unable to contact investors.
Read on
Keeping your retirement finances in shape
Do you need a personal trainer?
It is estimated that we pay almost £8 billion too much into the Treasury's coffers each year. Paying tax is often unavoidable, yet many people pay more than they need to; IFA Promotion (IFAP) estimates that British adults waste £7.6 billion in tax a year - some £155 per person.
Read on
Retirement
Ten things to know about retirement tax planning
No one likes to pay more tax than necessary, least of all pensioners. So, once you reach retirement, it is important to organise your affairs as tax-efficiently as possible to maximise your income. Here are ten things to know about tax when you retire.
Read on
Tax perks for helping your children through university
Students who started university in September
can expect to pay about £33,500 for a three-year degree course, according to the research by NatWest. This includes the new tuition fees and is up from £28,600 last year.
Read on
Tax return turning your life upside down?
Don’t miss the deadline
According to the National Audit Office (NAO), as many as 10 per cent of tax returns are filed beyond the due date, while 30 per cent contain inaccurate information.
Read on
The key announcements
High spending on education and increased green taxes
At the heart of Gordon Browns 10th Pre-Budget Report was high spending on education and increased green taxes. He announced that he would be squeezing an extra £2 billion in tax out of the economy this year to finance his higher spending.
Read on
Your Pre-Budget Questions and Answers
were you a winner or loser?
Q: Can I continue to save in an ISA?
A: Yes. Individual Savings Accounts (ISAs) will continue indefinitely. Their future was uncertain after Mr Brown repeatedly refused to commit to ISAs as a long-term savings scheme. But in his 10th Pre-Budget report he pledged that they would become a permanent fixture of the savings market.
Read on
File On-line and save money
Nobody likes paying their tax
so when there is an opportunity to get something back from HM Revenue and Customs (HMRC) – the new name for the Inland Revenue) – we tent to leap at it.
Read on
1
3
Back to the Archive
© 2007 SFIA Ltd - authorised and regulated by the Financial Services Authority. Company Registration No. 3996410. SFIA Ltd registered in England.
Legal notices