Annual Tax Exemptions – make sure you have made the most of yours

February 1, 2019

It’s the time of year to work with Enable’s IFA’s to make sure you have made the most of your annual tax exemptions. If you have been looking at how to manage inheritance tax it is good to remember that the first £3,000 given away each tax year will attract no Inheritance Tax if you die. Amounts greater than £3,000 can later become subject to inheritance tax if you die within 7 years. I... more >

How much money should we give the children?

January 31, 2019

Enable’s IFAs know that parents naturally want to help their children financially where they can. But how much money should we give to the children is a tricky question. Many want to give their children a good start in life but are equally concerned about making sure that their children have meaningful lives. For many lives of significance have been built from application and effort, parents oft... more >

What is Financial Planning? It is widely agreed that there are some six stages to Financial Planning

January 28, 2019

It is widely agreed that there are some six stages to Financial Planning. But Enable’s IFAs in Bishop’s Stortford know that financial planning is an ongoing process and it can be useful to have help along the way to help make sensible decisions about money. Making the best financial decisions you can, will help you achieve your goals in life. Good financial planning it's not just as simple as ... more >

Capital Gains Tax – do you take this in consideration when working out your financial planning?

January 25, 2019

Enable’s IFAs in Bishop's Stortford have come to see that Capital gains tax (CGT) is one of the least common taxes on income and one of the least well-understood tax by many. It is probably least well understood as for many it won't apply to their financial planning. Capital Gains Tax may, however, apply to your financial planning if you sell or give away an asset worth more than £6,000. But... more >

Understanding Dividend tax

January 21, 2019

At this time of year Enable’s IFAs in Bishop’s Stortford like to make sure clients give some time to reviewing their financial plans. Part of being able to make the most of your money is by understanding and managing the tax allowances that are in place. When it comes to investing there are two ways you can make money on your investments. One is when the shares increase in value and you mak... more >

Divesting assets – gifting assets and transferring property

January 17, 2019

Enable’s IFA's encourage and support saving and investment but part of the picture is also divestment.  It is the opposite of an investment, and it is the process of selling an asset for financial, social or political goals. There is also gifting as a way of divesting but there are a host of rules and legal implications of gifting assets and transferring property. There are several ways of ... more >

Using up you tax-free allowances

January 14, 2019

Enables IFA’s know each year taxes will be due but the rates can change rapidly. There are several tax-free allowances that need to be taken into account for any financial planning. It is the time of year to start making sure you have planned to take full advantage of your tax-free allowances and any exemptions that might be available to you before the end of the tax year in April. Using up a... more >

Tax-free allowances – have you taken full advantage of these?

January 9, 2019

Enable's IFA’s know each year taxes will be due but the rates can change rapidly. There are several tax-free allowances that need to be taken into account for any financial planning. It is the time of year to start making sure you have planned to take full advantage of your tax-free allowances and any exemptions that might be available to you before the end of the tax year in April. Using up ... more >

Divesting assets – have you considered this as part of your savings?

January 7, 2019

Enable’s IFA's encourage and support saving and investment but part of the picture is also divestment. It is the opposite of an investment, and it is the process of selling an asset for financial, social or political goals. There is also gifting as a way of divesting but there are a host of rules and legal implications of gifting assets and transferring property. There are several ways of re... more >

Brexit financial plans

December 19, 2018

Enable's IFAs like many others are finding it frustrating how hard it is to accurately predict how Brexit will impact financial planning and investment management. But it is important to have a sense of how your financial planning may be affected in the light of Brexit. The main risks to the UK economy, continue to be those caused by the uncertainty and the protracted negotiations with the EU.... more >