Investments
One look at any financial magazine will prove that there are a vast number of different unit trusts, investment trusts and OEICs from which to choose in addition to a considerable choice of investment companies.
It is very important to know that the investment is right for you in terms of risk and tax position. For example, are you taking advantage of the tax efficient nature of Individual Savings Accounts (ISAs) in each tax year? Up to £7,000 may be invested in a ‘maxi ISA’ with all encashment proceeds free of UK income and capital gains tax.
Certain investments can be very useful in assisting with the mitigation of Inheritance Tax (IHT) so more wealth may pass to the family or other desired beneficiaries instead of being paid as IHT to HM Revenue and Customs.
Clearly investment and tax planning is crucial to ensure your money is working for you now and may be passed on to your family efficiently.
Self Invested Portfolios Ltd is entered on the FSA register under reference 227691
The FSA does not regulate all forms of the products or services we provide.
The guidance and advice contained within this website are subject to the UK regulatory regime, and are therefore targeted at consumers based in the UK.
