Blog Archives

Making money with your investments or pension savings is fine, as long as you keep HMRC happy. We help you do that with our investing articles that keep you on the right side of the tax man.

Avoiding Tax On Your Pension Contributions?

Hi everyone,

Today I want to highlight important pension changes, especially if you have been seeking to shield yourself from paying income tax on your annual pension contributions via registered family member schemes.

Recently the Government reduced the annual pension contributions allowance significantly. HMRC cut the allowance down from £255,000 to £50,000 for 2011-2012. From 2014-2015 this will drop even further to £40,000. It does not matter whether the contributions are being made by an individual or employer, these new allowance restrictions apply.

Read more… The value of pension and investments and the income they produce can fall as well as rise. You may get back less than you invested. The Financial Conduct Authority does not regulate advice on tax planning




Pension Tax Relief

Pension Tax Relief Changes Post 2011

Regulation & legislation focus

The Treasury and HMRC recently announced their future plans for the restriction of pension tax relief. In this article I provide a summary of the Government’s draft regulations.

Annual Allowance and Tax Relief

The annual allowance determines what level of pension contribution can be paid by an individual for tax relief purposes. The changes specific to the annual allowance are as follows:

Read more… The value of pension and investments and the income they produce can fall as well as rise. You may get back less than you invested. The Financial Conduct Authority does not regulate advice on tax planning




2009 Tax Budget Essentials PDF

Hi everyone,

just thought I’d let you know I’ve uploaded a 12 Page 2009 Budget PDF for you to download. It gives you a great information on the following in a really easy to read/understand format.

Some highlights include…

  • ISA limits
  • Capital Allowances
  • Business trading losses
  • Tax relief on pension contributions
  • Top rate of income tax details
  • Personal income tax allowance details
  • It also covers…

    • PERSONAL AND TRUST TAXATION
    • CAPITAL TAXES
    • BUSINESS TAX
    • VALUE ADDED TAX (VAT)
    • MISCELLANEOUS ISSUES – including Tax Avoidance
    • NATIONAL INSURANCE CONTRIBUTIONS (NICs)
    • FINANCIAL CALENDAR – to keep you in sync with important fiscal dates
    • There’s a whole lot more in there but it’s all easy to access and understand, so download it to your desktop if want it. Just click the download link below…

      Budget Summary 2009

      I hope it helps clarify your Tax issues in 2009.

      Bye for now…




End of Tax Year Checklist

According to unbiased.co.uk British taxpayers will waste over £10bn in unnecessary tax in 2009. With the end of the tax year nigh, time is rapidly running out if you want to curb your tax bill and maximise allowances.

By clicking on the above link, you are now departing from the regulatory site of IFS WM Ltd. Neither IFS WM Ltd nor Intrinsic Wealth Limited is responsible for the accuracy of the information contained within the site.

So what should you be doing if you want to take advantage of tax regulations and save a few bob?

Read more… The value of pension and investments and the income they produce can fall as well as rise. You may get back less than you invested. The Financial Conduct Authority does not regulate advice on tax planning




New UK Tax Investigation Terror

Gordon Brown has announced that he intends to take a tougher stance on the world’s biggest tax havens. He seems to be particularly fixated with Switzerland, whilst Barak Obama made similar comments relating to The Cayman Islands during his Presidential campaign. Speaking at his monthly press conference, the Prime Minister said…

“We want the whole world to take action. That will mean action against regulatory and tax havens in parts of the world which have escaped the regulatory attention they need. The changes we make will have to apply to all jurisdictions around the world.”

Read more… The value of pension and investments and the income they produce can fall as well as rise. You may get back less than you invested. The Financial Conduct Authority does not regulate advice on tax planning




Buy to Let and Inheritance Tax Investigation Alert

Hi everyone,

just a quick post but an important one. I’ve just put up a page exposing some crucial new Tax crackdowns now underway by the Inland Revenue. These are especially important if you own Buy to Let Property or have given or received any gifts within your family – Inheritance Tax is looming large indeed due to a recent new HMRC Tax offensive.

Oh, yes and if you’ve not decided on full offshore disclosure yet, well in light of what’s just happened in Lichtenstein with the German Spy incident there, then you would be wise to because the UK Tax authorities have just followed suit and bought the stolen records the Germans acquired too. Read about it at… Buy To Let and Inheritance Tax Blitz

See you next time, with hopefully some cheerier news!




Investment and Tax

The value of pension and investments and the income they produce can fall as well as rise. You may get back less than you invested.

The Financial Conduct Authority does not regulate advice on tax planning.

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Dates and Times

NOTE: I have been writing articles here since 2007 so please take note the date of the article, because obviously, things like laws or tax allowances etc may have changed since then.

I do try my best to keep up to date, but I'm only an humble advisor and there are hundreds of my financial articles here! Please call or email if you need to double check something. I'll gladly help.

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