Tom Mills - Dippfs & EFA - Financial Planning Consultant

31/01/2025

Are you concerned about how the Government's proposed inheritance tax changes could impact your pension? Before you take any drastic action with your pension, there are some measures that savers can take as part of their overall estate planning strategy. Have a read of this article to learn how you could shield your retirement savings.

Quilter is not responsible for the accuracy of this article's information.

In last October’s Budget, Chancellor of the Exchequer Rachel Reeves announced measures intended to close some inheritance tax loopholes.

29/01/2025

Most investors are aware that holding assets outside of an individual savings account (ISA) or a pension will eventually result in a capital gains tax (CGT) bill. But working out the exact amount isn't always straightforward. Have a read of this article from Investors' Chronicle for some examples and explanations on how to calculate your capital gains tax bill correctly.

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Quilter is not responsible for the accuracy of this article's information.

With CGT rules, the devil is in the detail: here are some examples and explanations to help you get it right

20/01/2025

President-elect Donald Trump is set to move back into the White House after he officially becomes the 47th president of the United States. Trump’s election victory on November 5 has already had an impact on stocks, bonds and currencies. From interest rates to higher prices in shops, The i Paper has spoken to experts to find out some of the ways that Trump’s presidency could impact your money.

Quilter is not responsible for the accuracy of this article's information.

From interest rates to higher prices in shops, Donald Trump's return to the White House will have major implications

20/01/2025

Only 20% of savers correctly identify the £20k ISA limit* - the amount you can save every year, tax efficiently. Let’s chat so you don’t miss out this year.

Just get in touch via my adviser profile https://www.quilter.com/financial-advice/adviser-directory/thomas-mills/

Tax treatment varies according to individual circumstances and is subject to change.

Stocks and shares ISAs invest in corporate bonds, stocks and shares, and other assets that fluctuate in value.

For ISAs, investors do not pay any personal tax on income or gains, but may pay unrecoverable tax on income from stocks and shares received by the ISA managers.

(Source: *https://inews.co.uk/inews-lifestyle/money/saving-and-banking/savers-missing-tax-free-savings-isa-limit-3042362?srsltid=AfmBOopFhrPoG8kyyhL7LT6RgTy-w3SO0NCVAnkyLrRtOu4unYbOSyZV)

Approver Quilter Financial Services Limited & Quilter Mortgage Planning Limited. November 2024.

23/07/2024

An additional 1.2million adults are now NOT on track for even a basic standard of living in retirement compared with last year, according to the Scottish Widows study.

23/07/2024

Inheritance tax receipts have surged to £2.1 billion in the first three months of the new tax year. Will they continue to rise, and how can you slash your bill?

23/07/2024

Inheritance tax receipts have surged to £2.1 billion in the first three months of the new tax year. In this article, MoneyWeek ask if they'll continue to rise, and explore options how you could slash your bill.

Quilter isn't responsible for the accuracy of this article's information.

Inheritance tax receipts have surged to £2.1 billion in the first three months of the new tax year. Will they continue to rise, and how can you slash your bill?

23/07/2024

The most popular age at which people want to retire is 62, but the majority of adults think they will work for longer - or in some cases never be able to stop.

Quilter isn't responsible for the accuracy of this article's information.

An additional 1.2million adults are now NOT on track for even a basic standard of living in retirement compared with last year, according to the Scottish Widows study.

30/06/2024