Bespoke - for private clients

Flying cars, top spec iPads and Africa’s newest tax haven – wealth roundup

Thursday, February 04, 2010 | Posted by: Fiona Cullinan
Categories: Personal | Tags: India, links, emerging markets, Switzerland, iPad, tax haven, auctions, vintage, Cadbury, Ghana, flying car, car collecting

image

These stories and more rounded up monthly on the Bespoke blog.

Continue Reading

Are pension schemes coming up for early retirement?

Tuesday, February 02, 2010 | Posted by: Francesca Lagerberg
Categories: Personal, Protecting your wealth | Tags: Francesca Lagerberg, EIS, venture capital trusts, enterprise investment schemes, VCT, anti-forestalling provisions, Pension, 50% tax rate

We all know we should save for our retirement and with the added bonus of attractive tax breaks many of us do. But with the withdrawal of higher rate tax relief on pension contributions for some, pensions are back on many peoples’ agenda, and many are asking if pensions are still the best way to save for their retirement.

Continue Reading

Medical professionals under HMRC’s microscope

Thursday, January 14, 2010 | Posted by: Dave Jennings
Categories: Personal, Protecting your wealth | Tags: tax, HMRC, Dave Jennings, disclosure, health, investigation, penalties, NHS, tax amnesty, medical, doctors, plan, THP, public borrowing

image

Before the ink is dry on HM Revenue and Customs’s (HMRC) Continue Reading

Christmas wealth management – or why you should think twice before buying expensive gifts

Wednesday, December 02, 2009 | Posted by: Fiona Cullinan
Categories: Personal | Tags: wealth management, Christmas, gifts, Tim Harford, economics, Joel Waldfogel, deadweight loss, presents

With the Christmas shopping season in full swing, is it worth you shelling out big money on expensive gifts this Christmas? Recently, the FT’s Undercover Economist, Tim Harford, gave a talk at London’s Cass Business School in which he explained the economics of happiness, dating and Christmas. And when it came to analysing the contents of Santa’s sack, he revealed that the old adage is true: it really is the thought that counts…

Continue Reading

A new Charter, a new chapter?

Monday, November 23, 2009 | Posted by: Francesca Lagerberg
Categories: Business, Personal | Tags: HMRC, Francesca Lagerberg, taxpayers, HM Treasury, Charter, Your Charter, Stephen Timms, Finance Act 2009, Treasury, Taxpayers Charter

On the evening of 11 November I attended an event at HM Treasury to launch HM Revenue & Customs’ (HMRC’s) new Charter, Continue Reading

The history of money (and how much makes you happy)

Friday, October 02, 2009 | Posted by: Fiona Cullinan
Categories: Personal | Tags: wealth, trading, money, fiat money, happiness, gold, currency, history, bank notes, commodities, happy, coinage, barter, rich

image

We deal with it every day but have you ever wondered about money’s rich past? Exactly how did we go from trading cowrie shells to carrying purses of gold coins to swapping pieces of paper for our goods?

Continue Reading

NDO may expose you to 20 years of back taxes

Tuesday, August 18, 2009 | Posted by: Paul Roberts
Categories: Personal | Tags: HMRC, Liechtenstein Disclosure Facility, tax amnesty, Liechtenstein, Offshore Disclosure Facility, New Disclosure Opportunity, LDF, offshore assets, untaxed income, Paul Roberts, Public Accounts Committee

With a few last-minute tweaks, HM Revenue & Customs (HMRC) has now published details of the New Disclosure Opportunity (NDO). As you know, this is aimed at UK taxpayers and encourages them to declare previously untaxed income that has an offshore link. But this worries me and here I’ll explain why…

Continue Reading

Private jets to lose VAT-free status

Thursday, July 16, 2009 | Posted by: Grant Thornton
Categories: Personal | Tags: VAT, Graham Brearley, aircraft, jets, private jet, European Commission, legislation change

image

To fly or not to fly − that is the question facing owners of private jets this week after the UK was told to amend its VAT legislation affecting aircraft weighing more that 8000kg.

Continue Reading

No place to hide - is this the end of ‘tax havens’?

Thursday, June 04, 2009 | Posted by: Grant Thornton
Categories: Personal, Protecting your wealth | Tags: financial, New Disclosure Opportunity, Switzerland, tax haven, Liechenstein, g20 summit, offshore bank accounts

There is much talk of a new global era of transparency in banking, but does it really amount to anything? And what, if any, are the consequences for individuals in the UK?

Continue Reading

Family Limited Partnerships- Silver bullet or rusty nail?

Thursday, June 04, 2009 | Posted by: Grant Thornton
Categories: Personal, Protecting your wealth | Tags: income, trust, Family Limited Partnerships, capital, Inheritance Tax

Family Limited Partnerships have been much talked about since 2006 when the trust rules were significantly altered. But are they all they’re cracked up to be?

Continue Reading