by Tom Richards | Mar 28, 2023 | HW Insights, Properties
Should I Purchase a property through my pension? What are property funds? Buying property directly within the pension Stamp duty on pension property purchases explained How is Vat calculated on my property purchases? Can I borrow through my pension to purchase a...
by Tom Richards | Mar 21, 2023 | HW Insights, Tax
How does the 60% tax trap occur? A real world example of the 60% tax trap Is there anything I can do to reduce or remove this tax burden? How can Howard Wright help me with the 60% tax trap? In this article, we are going to discuss income tax and an often overlooked...
by Tom Richards | Mar 14, 2023 | HW Insights, Tax
What is Inheritance Tax? Main Residence Nil Rate Band Explained Additional Allowances Gifts the 7 year rule Working out if Inheritance Tax is due on an estate How much Inheritance Tax is paid? Who pays inheritance tax? What can be done if funds are not sufficient to...
by Tom Richards | Mar 7, 2023 | HW Insights
When providing financial advice there are two types, Independent Financial Advice (IFA) and Restricted Advice. But what are the differences and how does this affect the advice you receive? Independent Financial Advice As the name suggests, if an adviser or company is...
by Tom Richards | Feb 28, 2023 | HW Insights, Pensions
What counts towards the annual allowance? What happens if I exceed the annual allowance? What if I haven’t used all my allowance? Tapered annual allowance for income over £260,600 from April 2023. Money Purchase annual allowance How can Howard Wright help me?...
