Skandia has unveiled a series of essential ‘at a glance' tax guides, explaining changes introduced by the Finance Act 2008 and in force since July.
The guides are designed to help advisers provide relevant tax advice to clients and also form part of Skandia’s technical support package for intermediaries, says the company.
Aiming to simplify the latest Government changes to CGT, the documents also cover the taxation of life assurance policies owned by companies, the reporting thresholds for IHT, transferable nil rate bands and revised tax tables.
The documents are available to advisers online, via the Skandia literature library on its adviser extranet.
Colin Jelley, head of tax and financial planning at Skandia, says: “With the financial landscape changing, we want to make it as easy as possible for advisers to find the information they need and to be well informed.”
He believes tax changes contained in the Finance Act are complex, but the guides explain the changes and who will be affected.
“Understanding how these tax changes will affect investments made by clients is essential. With the aid of this new material, advisers can cut down the amount of time spent getting to grips with these changes.”IFAonline
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