Tax Planning

The IMA wants abolition of the fund specific Stamp Duty Reserve Tax (SDRT) regime, whilst also calling for an increased ISA limit to £9,600.

Support services provider threesixty says it has opened up a profitable avenue for new business for advisers, following a tie-up with Margetts Fund Management that will allow corporate clients to invest in its unit trusts.

In a bid to educate advisers on the suitability of tax wrappers for their multitude of client requirements, Fidelity FundsNetwork has rolled out Tax Wrapper Analyser.

Geoffrey Shindler goes through how different trusts can be used and the issues advisers need to bear in mind when using them

Q: I have a number of elderly clients who are interested in using discounted gift trust arrangements...

Just over a third (35pc) more people will pay Capital Gains Tax this year compared to last, according to analysis of Government figures by Skandia.

Fidelity FundsNetwork has launched a SIPP By-Pass Trust to help advisers tackle the increasingly complex tax burden faced by their clients.

The IMA has called on the Treasury to update the current outmoded tax system, which it says is restricting UK fund houses from competing on equal terms with their European neighbours.

Standard Life has enhanced its estate planning proposition by allowing mutual fund investments to be held inside the trust wrappers within its Gift Plan.

Advisers need to be aware of the potential inheritance tax liability their clients may incur if they have built up a large portfolio of tax free savings such as PEPs and ISAs, according to Aegon Scottish Equitable.