As an investor one is always learning. Our perception of investing is guided by our experiences: those old enough to have been investing in the 1970s will retain uncomfortable memories of rampant inflation and the impact that had on cash, bonds, and the general travails of life when prices spiral upwards.
Read MoreAs an investor one is always learning. Our perception of investing is guided by our experiences: those old enough to have been investing in the 1970s will retain uncomfortable memories of rampant inflation and the impact that had on cash, bonds, and the general travails of life when prices spiral upwards.
Read MoreIn the past few months, it might appear – at least to some – that making money in markets is easy – just buy Tesla or Bitcoin and you are sure to double your money! That is to confuse gambling with investing, and these are certainly not recommendations by the way.
Read MoreRMail is an encrypted email service that we have been using to send emails that contains personal details within the body of the email or any attachments (regular review documents, reports, valuations, etc.).
Read MoreCapital Gains Tax (CGT) is paid by an individual when they have either sold or ‘disposed’ of an asset and made a gain on the original price they paid for it. The potential tax is only paid on the gain and not on the total sale value.
Read MoreThere are limits to the amount of gift aid that can be claimed by the charity and you could face a tax charge if the Gift Aid relief exceeds the UK tax you have paid during the tax year. You will need to have paid sufficient income or capital gains tax in the UK for a charity to claim the additional 25% of the donation.
Read MoreThe ability to support charity is one that is extremely important for many of our clients and indeed for people all around the UK.
The Charities Aid Foundation calculate that around £10 billion is gifted to charity in the UK each year. With the events of 2020 and effects of Covid-19, the need for charitable gifting is one that has been highlighted even more so, both with individuals wanting to make donations, and also the necessity for donations for charities to survive and continue with their respective works.
Read MoreIn the current environment of historically low rates, efficient cash management can be an effective planning tool that is often overlooked.
Read MoreWhilst most are familiar with the relatively well-known cash or stocks and shares ISAs, the ‘newer ISAs on the block’; Innovative and Lifetime, may need a bit more of an introduction.
Read MoreAll asset classes are important to us, and cash is just one of them. To enhance our service model, Ifamax has partnered with Insignis. Insignis Cash Solutions is an innovative cash management solution that complements your asset portfolio by looking after your cash.
Read MoreThe ISA allowance is something that can strangely be both under and over appreciated by people, dependent on their perception of it.
Read MoreJunior ISAs are long term tax free savings accounts for children. In order to open a JISA, a child must be under the age of 18 and be living in the UK. The current limit for JISAs is £9,000 a year.
Read MorePension carry forward is a useful tool for pension planning. Once an individual has fully utilised their current tax year’s allowance, one can go back and utilise the unused pension allowance from the previous three tax years, starting with the oldest first.
Read MoreAccording to the Association of British Insurers, every year 1 million people in the UK find themselves unable to work due to a serious injury or illness. Although many of us would like to think “that will never happen to me” or “it is not something I am worried about at the moment”, it is of course often only seriously considered in a moment of hindsight when it is too late
Read More
