Bespoke - for private clients
Wednesday, November 16, 2011 | Posted by: Fiona Cullinan
Categories:
Personal,
Protecting your wealth
| Tags: tax,
pensions,
retirement,
tax relief,
Mike Hyland,
pension,
James Temperley,
pension series,
pensions changes,
pension planning
Our recent blog series answered your most frequently asked questions about pensions, as well as how to make the best use of new rules on pension contributions. Here’s a round-up of our four-part guide …
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Thursday, November 10, 2011 | Posted by: Dave Jennings
Categories:
Business,
Personal,
Protecting your wealth
| Tags: tax,
HMRC,
property,
income tax,
Dave Jennings,
tax haven,
overseas,
offshore assets,
income from property,
evasion,
holiday homes,
commercial property,
avoidance,
Tax Investigations,
foreign property ownership,
foreign assets,
afluent teams,
homeowners
Holiday homes and offshore assets won’t be a personal tax haven for long as HM Revenue & Customs (HMRC) continues to crack down on those not paying the correct tax with a new initiative looking into those who own property abroad.
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Wednesday, November 09, 2011 | Posted by: Mike Warburton
Categories:
Personal,
Protecting your wealth
| Tags: HMRC,
Gaines-Cooper,
non-dom,
Mike Warburton,
UK residency,
non-domicile,
IR20,
non-residency,
Inland Revenue,
Lord Mance,
Court of Appeal,
UK resident
Hundreds of expats and tax exiles may be at risk of an unexpected tax bill after Robert Gaines-Cooper, who moved to the Seychelles in the 1970s, recently lost his claim to be non-resident for UK tax .
Director Mike Warburton, who was an expert witness in the case, reviews the ruling, which has major UK residency and tax status implications for anyone who leaves the UK to live abroad.
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Tuesday, November 08, 2011 | Posted by: Fiona Cullinan
Categories:
Personal
| Tags: investment,
HNWI,
Bespoke magazine,
investing,
value,
collecting,
prices,
collectible,
guide,
musical instruments,
buying,
violins,
expert,
rare
There are definitely strings attached to investing in rare musical instruments with little or no provenance. Not only does it take considerable expertise to assess the authenticity of an investment-class violin, but most collectors are also classical music patrons who lend out their investment to the world’s best players. Lisa Freedman interviews maestro Florian Leonhard (pictured) about investing in rare violins …
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Tuesday, November 01, 2011 | Posted by: Naomi Smith
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
offshore,
income,
domicile,
Naomi Smith,
residence,
non-dom,
residency,
overseas,
non-domicile,
UK,
offshore funds,
non-residency,
remittance basis,
foreign income,
ordinarily resident,
tax liabilities,
resident
There are currently a quarter of a million online discussions asking questions about how you will be taxed if you bring money from abroad or transfer foreign income into the UK. The multitude of answers are enough to tax anyone’s brain, but the foremost deciding factor is domicile. Here,we look at the situation for both UK-domiciled and non-domiciled individuals.
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Friday, October 28, 2011 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HNWIs,
income tax,
pensions,
retirement,
tax relief,
Mike Hyland,
high earners,
minimise,
higher rate taxpayer,
pension,
James Temperley,
pension series,
pensions changes,
income drawdown,
annuity,
capped drawdown,
flexible drawdown,
50% tax
A common reason clients give for not wishing to contribute to pensions are the restrictions on how and when they can access their pension benefits after retirement. From April this year there is a new option for such retirees. Flexible drawdown, as the name suggests, will give individuals much more freedom as to how they take their pension benefits.
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Friday, October 21, 2011 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HNWIs,
income tax,
pensions,
retirement,
Mike Hyland,
high earners,
minimise,
higher rate taxpayer,
pension,
James Temperley,
pension series,
pensions changes,
lifetime tax relief,
lifetime allowance,
fixed protection,
50% tax
Our pension series continues with a look at the changes to the pension rules, which may cost you up to £165,000 if you don’t take action before 6 April 2012.
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Friday, October 14, 2011 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HNWIs,
income tax,
IHT,
pensions,
retirement,
tax relief,
Mike Hyland,
high earners,
higher rate taxpayer,
pension,
James Temperley,
pension series,
pensions changes,
50% tax rate,
pensions carry forward,
annual allowance
After answering some of the most common pension questions in our post last week, we now consider the recent changes to the rules on pension contributions and how you could make best use of the new rules to provide for yourself and your family.
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Friday, October 07, 2011 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HNWIs,
income tax,
pensions,
retirement,
tax relief,
Mike Hyland,
high earners,
minimise,
higher rate taxpayer,
pension,
James Temperley,
pension series,
50% tax rate,
annuity
Welcome to our new blog series on pensions. As an introduction, we will answer some of the most commonly asked pension-related questions and look at why now is such a good time to consider pension planning.
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Monday, September 26, 2011 | Posted by: Grant Thornton
| Tags: HNWIs,
HNWI,
Bespoke,
wealth,
charity,
magazine,
Bespoke magazine,
hobbies,
David Chisnall,
Bell Longranger,
helicopters
After a career in engineering, David Chisnall OBE transformed his love of radio-controlled helicopters into a full-sized Bell Longranger, which he now uses for charity flights. Glyn Brown discovers a man with a passion for turning fuel into fun.
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