On top of this, if you inherit assets from someone who has died, you may need to pay Capital Gains Tax if you later dispose of this asset, even if it has been subject to inheritance tax previously. Selling is not the only way to dispose of an asset. Also included in the definition ...
2 https://theprogenygroup.com/wp-content/uploads/2022/10/Planning-to-pass-it-on-Progeny-YouGov-survey-on-intergenerational-wealth-transfer.pdf In case you missed it: Investing in gilts for tax-efficient returns Succession: Your guide to passing on your wealth Making your money meaningful Need...
For a minority of investors, regularlypaying taxes on investmentsis inevitable. Perhaps they’re wealthy enough to have money leftover outside of their tax shelters, for example, yet not loaded enough to call on the UK’s legions of tax specialists to get creative. But those lucky few aside...
Yet those are the explanations used to explain the success of the US and Australia – even though Canada’s performance is only fair to middling. What’s more, Denmark’s stock market has been on fire the past 20 years whereas the UK’s has been moribund. Consequently Britain has slipped ...
Gilts and bonds Commercial property Exchange traded funds (ETFs) Real estate investment trusts (REITs) Offshore funds However, it’s always best to check which investments a particular SIPP offers, as not all will have access to every option. ...
Going back to the savagery of that 1972-74 UK crash, the market only entered bear territory in August 1973 – some 15 months after the first sign of trouble. It was 40% down by the end of Jan 1974. Many people would assume that made UK equities a screaming buy. ...
If an offshore fund / ETF does not haveUK reporting statusthen capital gains are payable atincome tax rates. That’s bad news because capital gains tax rates are much friendlier than income tax. The £6,000 tax-freecapital gains allowance– falling to £3,000 from 6 April 2024 – wo...
DB pension funds collectively started the year about 70% hedged (so 30% underweight or effectively short) Gilts and UK investment grade bonds (both conventional and inflation-linked). Now that underweight is an overestimate since they use interest rate and inflation swaps also to hedge their liabi...
As with equities, I checked out some popularalternativesto conventional gilts for UK investors: Global Government Bonds £ hedged(IGLH) High point:4.32%, 9 March Low point:-1.13%, 18 March 9 April:1.88% Global Total Bond Market £ hedged(AGBP) ...
To make my retirement plan a little more tangible, I’ve taken to thinking of it as my very own financial farm: My target income is the crop that I’ll be harvesting in the years to come. My contribution level is the seed that I sow. ...