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Browsing the "Independent Financial Advice" Category

How to avoid being next on HMRC’s hit-list

HM Revenue & Customs (HMRC) has pledged to clamp down on criminal tax evaders and, as of 30 September 2017, corporate bodies which fail to prevent the facilitation of criminal tax evasion. Given recent criticisms that HMRC has thus far [...]

October 5, 2017 Independent Financial Advice

Raising the bar for your finances

Natalie Jhingoree-Smith, a financial consultant at specialist mutual Wesleyan, looks at how barristers can make their money work harder and gives his advice on how to meet your financial goals. Whether your financial goal is a comfortable retirement, to pay [...]

August 21, 2017 Independent Financial Advice

Don’t touch my pension! – What British Expats can learn from the Goyals

There are an estimated five million British Nationals living abroad today. For these people, often referred to as ‘Expats’, it is not unheard of to face complex legal challenges due to the multiple jurisdictions that naturally affect their lifestyle. For [...]

May 8, 2017 Independent Financial Advice

QCs and accountants in the firing line as HMRC confirms it plans to seize more than £100m from professional advisors

Confirmation that footballers ‘image rights’ may face clampdown  In the Budget, HMRC confirmed that it planned to seize £115m in the next five years from professional advisors who have enabled another person or business to use a tax avoidance arrangement [...]

March 9, 2017 Independent Financial Advice

Taking advantage of the new rules allowing barristers to incorporate

  Since April 2015 barristers have been able to incorporate, gaining the advantages of trading as a limited company rather than as sole traders. The company must be owned by lawyers, but not necessarily barristers. Even this restriction is due [...]

February 20, 2017 Independent Financial Advice

8 Essential Tax Savings ideas and Tax Year end checklist

The check list: 1.    Capital Gains Tax relief Review your investments and gains made to date. Have you made use of the £11,000 for yourself and your spouse? If not does it make sense to sell some of the investments [...]

February 12, 2017 Independent Financial Advice

“A one percent cut in fees can secure an extra decade or more of comfortable retirement” says Netwealth

  The average UK wealth manager charges 1.8% a year. Lower fees offered by some challenger brands could considerably extend the life of a pension pot. Research by wealth manager Netwealth Investments shows that a saver in mid-career who invests [...]

November 30, 2016 Independent Financial Advice

Personal wealth management for barristers: A new approach

After a 20 year career at Goldman Sachs, the last 5 of which as co-head of private wealth for EMEA and Asia, I found myself in a state of paralysis when it came to my own finances. I knew that I [...]

September 3, 2016 Independent Financial Advice

Freedom. But at a price?

 We are now over a year into the new, more flexible, pensions legislation and a clearer picture is starting to emerge around how people are taking advantage of their new found freedom. In simple terms, the new legislation allows people [...]

August 26, 2016 Independent Financial Advice

Bank of England acts to remove the downside economic risks  

Monetary policy is the shock absorber for the economy. That has been the message since the financial crisis. It is a message that has been reinforced today by the Bank of England. Six weeks after the Referendum the Bank announced [...]

August 5, 2016 Independent Financial Advice