Bottomline
Summer 2012
It's 1:31pm on Sunday 20th May, 2012
The psychology of money (video)
Graham Gordon (left), head of financial planning, and Tony Medcalf, head of tax, talk about the psychology of money.
Posted by
PR Office
in
Advice for Individuals, Moore and Smalley TV, Wealth management
On August 21 2011
Still time to maximise end-of-year tax planning opportunities
As the end of the tax year approaches we provide a quick rundown of the main areas of consideration for end of tax year planning. Income tax: Are you making use of personal allowance and tax rate bands? Husbands and wives have their own respective personal tax allowances for income tax purposes. Very often it [...]
Posted by
Graham Gordon
in
Advice for Individuals, Tax, Wealth management
On March 4 2011
Sharing income in the family company
It is no secret that the most tax efficient way of carrying on a business is through a limited company. For the majority of small or start up businesses, the savings in national insurance alone will more than cover the additional costs of running a company. For established businesses, the fact that retained profits are [...]
Posted by
David Bennett
in
Advice for Individuals, Tax, Wealth management
On December 6 2010
Capital gains tax – the outlook for property owners
Whenever there is a change of chancellor, it seems that wholesale changes to capital gains tax will surely follow. Certainly, the last three chancellors have taken the opportunity to shake up the Capital Gains Tax (CGT) rule book, with George Osborne taking the unprecedented step of increasing CGT rates part way through the tax year. [...]
Posted by
David Bennett
in
Advice for Individuals, Tax, Wealth management
On September 23 2010
Using trusts to protect wealth
Trusts are extremely useful vehicles for individuals with concerns about keeping the family wealth intact and mitigating inheritance tax and capital gains tax exposure. This article provides an overview of what a trust is, the circumstances in which you might use a trust and the benefits of doing so. The uses of trusts are wide [...]
Posted by
Liz Procter
in
Advice for Individuals, Wealth management
On September 16 2010
Why you need a shareholder agreement
While it is an emotive subject, failure to have a shareholders agreement on death could have disastrous consequences for the surviving business owners, and indeed the deceased shareholder’s family. On the death of a shareholder their shares in the company would form part of their estate and be passed to the beneficiaries of their Will [...]
Posted by
Dave Gleeson
in
Advice for Businesses, Wealth management
On September 9 2010
Uncertainty proves value of balanced portfolio
If we consider successful wealth management as a combination of appropriate taxation and investment strategies, then this uncertain time for both aspects provides a potential conundrum. Depending on who you speak to, there’s either pervading gloom about whether we’re going to get a progressively more penal tax system that punishes the wealthy, or a sense [...]
Posted by
Graham Gordon
in
Advice for Individuals, Tax, Wealth management
On June 4 2010
Do you own more than one residential property?
If a property has been your main private residence and it has been rented out, there is a lettings exemption available which is the lower of an amount equal to the Principal Private Residence (PPR) exemption and £40,000. What does that mean in normal English? Let’s look at an example to find out. Sara and [...]
Posted by
Laurence Kelly
in
Advice for Individuals, Wealth management
On March 27 2010
