Life Delights

Global Stock markets are erratic, the uk plc has spent too much money & many people are not sure of the future as far as jobs, money & finances are involved. It might all seem very uncertain and indeed the UK.PLC has a lot of pain to bear before we begin to get the finances straight. Although the new coalition government might start to tackle the issues facing the UK we can all take time to go over our own individual finances.

I believe that where change occurs, chances are present. The emergency budget will close some loopholes as far as financial planning is involved, but others may open up to promote entrepreneurship and long term saving. Personally if you can get the most acceptable investment return for the amount of risk you are able to accept , combined with using tax breaks and 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. Seemingly a large number of individuals with buy to lets have put them up for sale, possibly to sell before the emergency budget in three weeks time. The reason is the possible change 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 possible action of CGT into account when designing their investment portfolios. Property is an ill-liquid asset it cannot be easily disposed of. Due to the increase in property values over the last ten years many investors will face possible CGT bills when they least expect it.

A good financial adviser should be able to point out the advantages and disadvantages concerning different types of investments. This should include the investment risks and practicable tax implications.

If you’re looking for advice on investment management, Bristol based Consilium Asset Management can help you.