General News

28
Nov

2017 Award Winners

Top 25 Financial Planning Companies for 2017 For the second year running, we are delighted to announce that Grosvenor Consultancy Ltd has been named as one of thewealthnet Top Financial Planning Companies for 2017. The rankings are based on data from a number of market sources and recognise excellence within the industry based on areas such as client satisfaction, client

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22
Nov

Budget 2017 – Report from Brooks MacDonald

Traditionally, the first budget following an election is used to increase taxes as the new government makes the most of its recently-gained political capital. However, the Conservative’s relatively weak position as a minority government, propped up by the Democratic Unionists and characterised by dissension, has forced the Chancellor to take a different approach. As such, the budget has shifted away

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24
Jul

Don’t Leave It To Someone Else

Are you curious about the title? How many of you thought the article might be about spending all your money while you can or maybe an article about inheritance tax? Well it’s neither of these. It reflects an ongoing concern that I have that in the UK, we now are firmly entrenched in a ‘blame culture’ society. One only has

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20
Apr

Lifetime ISA (LISA) – The New Pension

After all the pre-budget talk of reducing tax relief on pensions, the government has introduced “bonuses” on ISAs available from April 2017. But what does this mean? And how does it compare to a pension? What is a LISA?                      You can save up to £4,000 a year into a LISA At the end of the tax year the government will

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28
Feb

Have Your Heard Of A Relevant Life Plan?

In the final of the Business Protection posts from me (for now), I will cover Relevant Life Plans. Company Directors, can set up life cover for themselves (and employees of the business) that can be treated as a legitimate business arrangement, with the company paying the premiums, with the added potential of reducing the company’s Corporation Tax liability Relevant Life

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8
Feb

Key Person Protection – Are You Covered?

Following on from my 2 previous posts on business protection, in this post, I will run through an example of why Key People within a business may need protecting using the same 2 companies – ABC Ltd and XYZ Ltd as examples. When Bob died, he was generating 50% of the company’s £1,000,000 turnover. He had also, just before his

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18
Jan

New Year – A Few Ideas Worth Considering in 2017

It is always sensible to check over your financial arrangements to maximise the potential and weed out any items that are having a negative impact. Perhaps as we go into 2017 and the challenges that lie ahead for our economy, it is even more important than usual? It is very easy to carry on as we were, assuming all is

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20
Dec

Top 25 Financial Planning Company of 2016

In the world of Independent Financial Planning, few accolades compare to being listed in the Top 25 Financial Planning Companies of 2016. Each year thewealthnet compile a list of the great and good, based on several pre-determined criteria such as who offers the best quality advice and who demonstrates a true client focus. From over 1,000 private financial planning companies

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26
Nov

Shareholder/Partnership Protection

Are You Covered? Shareholder/partnership protection: Protects the owners Protects the families Protects the business Protects the employees Imagine your business partner or fellow director dies – it would no doubt be a really sad time however, without protection in place, the company and the surviving family could be faced with some difficult decisions. At ABC Ltd Jo, Angela and Bob

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21
Oct

Is Your Staging Date Looming In 2017?

We have probably all seen the TV advertising of the strange purple monster in the park advertising Work Place Pension Schemes, and for many employers 2017 will be the year in which they have to start providing one for their employees. Every employer should know their staging date and if your’s is getting ever closer, maybe now as we head

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