Made Moon Blog

Global Stock markets are fickle, the UK has spent too much money & many people are unsure of the future as far as jobs, money and finances are concerned. It might all seem really uncertain and indeed the UK.PLC has a lot of anguish to bear before we begin to get the finances straight. Although the new coalition government will hopefully start to tackle the issues facing the UK we can all take time to go over our own personal finances.

I truly believe that where change comes about, chances are present. The emergency budget will close off many loopholes as far as tax planning is involved, but others may open up to promote entrepreneurship & long term saving. Personally if you can get the most acceptable investment return for the amount of risk you are prepared to accept , combined with utilising tax breaks & low-cost investment products, then over the long term you should see the benefits.

The old phrase “don’t let the tax tail wag the dog” has never been closer to the truth. Evidently a large number of people with buy to lets have put them up for sale, possibly to sell before the emergency budget in 3 wks time. The reason is the potential modification to capital gains tax. Great, but what if the government decide to backdate CGT to the 6th of April. In reality these investors should have taken the possibility of CGT into account when designing their investment portfolios. Property is an ill-liquid asset is not be easily disposed of. Due to the growth in property values over the last ten yrs numerous investors will face possible CGT demands when they least expect it.

A good financial adviser will be able to show the Disadvantages & advantages concerning different types of investments. This should include the investment risks and possible tax implications.

If you’re looking for small business advice, Bristol based Consilium Asset Management can help you.