Wealth Matters: Pre-Year-End Tax Planning

Welcome to our March 2024 issue of Wealth Matters.

Welcome to our latest issue. As we approach the end of the current tax year on 5 April 2024, it’s an opportune moment to examine both your personal and business finances to ensure they are structured to optimise your tax efficiency. Despite the ongoing freeze on many tax rates and thresholds, numerous strategies remain for efficiently organising your financial matters. Click here to read the full report.

Investment scams are a rising concern, promising potential investors the allure of making a significant amount of money swiftly and effortlessly. These scams often involve minimal to no risk investments in various areas such as financial markets, property, cryptocurrencies, and precious metals and coins. We see how these schemes often masquerade as legitimate investments.

Once a concern only for the very affluent, Inheritance Tax (IHT) is now an issue for many ordinary families, who may find themselves handing over an unprecedented portion of their estates to the taxman. The Office for Budget Responsibility anticipates that IHT will bring in £7.2 billion in the fiscal year 2023/24.

We consider the ever-evolving landscape of investment and why it might appear daunting. Market conditions are like shifting sands, unpredictable and often beyond control. They can be impacted by many factors, such as political events, economic indicators, corporate earnings reports and even natural disasters.

We don’t just look at the numbers

Your goals are unique to you and important to us. We don’t just look at the numbers; we create a plan tailored to your unique needs and ambitions and focus on what’s important to you and your loved ones. We hope you enjoy the useful articles in our latest issue, and if you require any further information or would like to start a conversation – please contact us.