The Auto Auction Group

Equity markets are fickle, the UK has overspent & many individuals are unsure of the future as far as businesses, money and finances are concerned. It might all seem a little uncertain and indeed the United Kingdom has a lot of anguish to expect before we start to get the finances in order. Although the new coalition government might start to tackle the problems facing the country we can all take time to go over our own private finances.

I am a firm believer that where change occurs, chances are present. The emergency budget might close off many loopholes as far as financial planning is involved, but others may become available to encourage entrepreneurship and long term saving. Personally if you can make the most acceptable investment return for the level of risk you are able to accept , blended with applying tax breaks & low-cost investment funds, 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 truer. Apparently a large number of people 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 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 possible action of CGT into account when designing their investment portfolios. Property is an ill-liquid asset cannot be easily disposed of. Due to the gain in property values over the last ten years many investors will face potential CGT demands when they least expect it.

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

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