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CGT Planning

More and more clients need to do some Capital Gains Tax planning (CGT) as investment valuations rise. So here are some things you may wish to consider as an accountant or solicitor. Personal Allowances The current CGT allowance is £11,700 per person, and it is always...

Why Accountants should do Tax Planning

As an accountant myself, I know that many accountants don’t want to stray into the financial advice market in case it goes wrong. It doesn’t need to be as black and white as that though. When doing clients’ accounts and tax returns, it is easy enough for an accountant...

Why MAP use investment funds?

Some people over the years have asked us why we don’t use shares when we invest money for clients, and only stick to funds. Basically, we think funds represent a safer way of doing things. If you were to invest in a company’s shares, you need to do a lot of homework...

October 2018 Budget

I know that when it comes to Budget time, I sit very close to the radio and try to gather as much information on changes as I can. The last one on Monday 29th October 2018 was no different. What you should not do however is merely listen to it to see how it affects...

How long will your pension last?

Home » Archives for December 2018 From April 2015 when the then Chancellor George Osborne changed the rules and brought in pension freedoms, people have suddenly switched from buying an annuity to flexible drawdowns, where they can take out what they want when they...

Global Fund Markets

At the beginning of October, the tariffs Mr Trump hit China with finally had their effect on fund prices and values. To be honest, these tariffs had been in existence for a wee bit of time, so it wasn’t a surprise that they now hit home. What was a surprise was that...