Private Client & Entrepreneurial Business: Tax & Financial Planning and Wealth Management

Our regular Private Client & Entrepreneurial Business webinars focus on a headline topic and conclude with an open tax clinic, where our specialists will be on hand to answer any questions.

A well-considered approach to financial planning and wealth management is vital to ensure you are investing funds in the most effective way to protect and grow your wealth, to help secure your financial future now and in the future.

All businesses and individuals will have financial goals and aspirations. However, in the current financial environment, identifying and achieving these goals is not always easy. In this session, our experts explore the different routes to investing wealth, how to identify your short- and long-term financial goals and provide guidance to create an ongoing holistic plan that will support your current and future requirements, giving you peace of mind in relation to your finances and your tax position.

What was covered:

• Introduction to tax and financial planning
• Inheritance tax planning including Business Property Relief (BPR) investments and the opportunity for “BPR rollover” following a business sale
• The use of trusts in financial and tax planning
• Family Investment companies – from a structuring and investment perspective
• Tax efficient investments including VCT’s and EIS and associated income tax and capital gains tax planning
• Portfolio Construction – Approach to Asset Allocation.
• Use of ‘defensive’ investments to further diversify a portfolio.

Speakers:

• Patrick King – Tax Partner, MHA
• James Kipping – Tax Partner, MHA
• Peter Brydon – APFS Chartered Financial Planner (MHA Caves Wealth)
• Marcus Bull – Independent Financial Advisor (MHA Caves Wealth)

DOWNLOAD A COPY OF THE PRESENTATION SLIDES

You may also like this webinar:

Trusts Explained

We look at what a Trust is & how it works, the different types of trusts & their uses, tax treatment, and exemptions & reliefs.

Watch now: Trusts Explained 

Risk warnings & important information you should read:

MHA Caves Wealth is authorised and regulated by the Financial Conduct Authority (FCA), Financial Services Register number 143715 and is a legally independent financial service and wealth management business who alone takes full responsibility for the advice they provide. Information and comment provided by MHA Caves Wealth on this website is generic in nature and should not be construed as personal financial advice.

This communication is for general information only and is not intended to be individual investment advice, recommendation, tax or legal advice. The views expressed in this article are those of MHA Caves Wealth or its staff and should not be considered as advice or a recommendation to buy, sell or hold a particular investment or product. In particular, the information provided will not address your personal circumstances, objectives, and attitude towards risk.  Therefore, you are recommended to seek professional regulated advice before taking any action.

Key Risks: Capital at risk. Past performance is not a guide to future performance. The value of an investment and the income generated from it can go down as well as up, and is not guaranteed, therefore you may not get back the amount originally invested.

Investment markets and conditions can change rapidly. Investments should always be considered long term.

VCT’s:

Venture Capital Trusts (VCTs) are high risk investments and there may be no market for the shares should you wish to dispose of them. You may lose your capital.

The tax treatment depends on the individual circumstances of each client and may be subject to change in future.

EIS:

Enterprise Investment Schemes (EISs) and Seed Enterprise Investment Schemes (SEIS) are very high-risk investments. An EIS/SEIS investment is usually concentrated in one single unquoted trading company. Often there is no market for the shares and it may therefore be very difficult to make a disposal.

There is a strong possibility of the chosen company failing.

The tax treatment depends on the individual circumstances of each client and may be subject to change in future.

Tax and Estate Planning Services are not regulated by the Financial Conduct Authority.