Tax Planning Tip – Income Splitting

Husband and wife and Civil Partnerships / Independent Taxation /  Civil Partnerships Synopsis: Husband and wife income splitting still works Following HMRC´s defeat in Jones v Garnett 2007 STC 1536 (often referred to as the Arctic Systems case), a large number of owner-managed companies continue to take advantage of providing tax efficient dividend payments to […]

The Rick Warren Interview

The following is compiled from a great interview with Rick Warren, ‘Purpose Driven Life ‘ author and pastor of Saddleback Church in California. In the interview, with Paul Bradshaw, Warren touches on the issues of his wife’s cancer and his ‘sudden wealthflow’ due to the popularity of the book. People ask me, What is the […]

A Question Of Trust

Synopsis: Settlors need to be sure of the people they appoint as trustees especially if the trust is to operate after their death.     A recent case heard at Bolton crown court serves as a warning to those appointing trustees or executors. Mr Simpson died aged 41 in 1994. His occupational death benefits were left in […]

Investing in a recession: Top Tips

The economic downturn has made people all the more aware of the importance of husbanding their money carefully. Here, top Financial Planners identify the key steps to take to save and invest wisely. 1. ‘Pay off debt’ – Danny Cox, Hargreaves Lansdown The repayment of debt is the best investment you can ever make. The […]

Pension update for Wealthflow’s professional partners

Wealthflow has pleasure issuing a series of very helpful Q&As to address a number of the key questions raised by our professional partners (Solicitors and Accountants) regarding the new anti-forestalling provisions. The Q & As address the question of what will constitute regular payments for the purposes of protected pension input and give a number […]