Grant Thornton: Bespoke - for private clients

Income tax relief cap will cut incentive to give to charity

Tuesday, April 24, 2012 | Posted by: Chris Tysoe
Categories: Personal, Protecting your wealth | Tags: tax planning, income tax, budget, charity, tax relief, philanthropy, Budget 2012, donations, Chris Tysoe, mansion tax, cap, income tax relief cap, income tax liability, restricting, tycoon tax, minimising

Organising your tax affairs in order to reduce your income tax liability may soon be curbed, in line with Government proposals to restrict income tax relief. But the proposed ‘tycoon tax’ is also causing a great deal of friction, as generous charitable donations by wealthy philanthropists look set to fall out of favour for tax planning (see Update on this at the end of the post). And they’re not the only ones adversely affected…

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High-end hobbies – helicopter pilot

Monday, September 26, 2011 | Posted by: Grant Thornton
| Tags: HNWIs, HNWI, wealth, Bespoke, magazine, charity, Bespoke magazine, hobbies, helicopters, David Chisnall, Bell Longranger

After a career in engineering, David Chisnall OBE transformed his love of radio-controlled helicopters into a full-sized Bell Longranger, which he now uses for charity flights. Glyn Brown discovers a man with a passion for turning fuel into fun.

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Missing gold bars, tax-free giving and a global party – December wealth links

Wednesday, December 01, 2010 | Posted by: Fiona Cullinan
Categories: Personal | Tags: links, HNWIs, China, charity, banking, divorce, Liechtenstein, Switzerland, art, investments, gold, wine

Our monthly pick of the web as it relates to high earners and HNWIs.

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Spies, divorce lies and Swiss bank accounts – May wealth links

Wednesday, May 26, 2010 | Posted by: Fiona Cullinan
Categories: Personal | Tags: tax, links, economy, HNWIs, charity, divorce, Switzerland, private banking, iPad, private jets, luxury goods, tax rises, donations, Sunday Times Rich List, benefactor

Our monthly pick of the web as it relates to high earners and HNWIs – including why your iPad won’t buy you luxury and the global trend for tax rises on the rich.

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