Contact

News & Insights

Yet another Corona post

Because this fear we are carrying is a heavy weight and it can be paralysing. 

There is no shame in coming out of yet another lockdown with the same body, the same empty canvasses you so desperately wanted to fill or still no plan about how your financial future looks. Despite all the motivated faces hopping around your Tik Tok screen, you are not alone with this! 

According to the article called “ Dealing with disappointment”, Manfred F. R. Kets de Vries, published in the Harvard Business Review disappointment is something most people struggle with. At the root of disappointment are expectations. Typically, those are set way too high. What’s the fix? 

Constructively deal with your disappointment. Admit to yourself that what you were trying to take on is too much, especially given this depressing, anxious climate we are in. 

You don’t have to do everything yourself, this is what specialists are here for. Get a financial planner to look at your finances with you. Get expert advice on your pension rather than trying to figure it out yourself. 

Don’t try to teach yourself cooking but join a Zoom cooking class. Do a virtual group workout and even meet new people. 

In reaching out for help not only do you take weight of your own shoulders, but in many cases you even support businesses that otherwise would be struggling due to the restrictions they are dealing with. 

As a Personal Assistant I can assure you, hiring somebody to support you is a game changer. 

If you need any help with your pensions or investments, please reach out to Paul Rhodes direct, or myself via the contact form below. More than likely you will speak to me anyway as I manage Paul’s diary and back office, so he can fully focus on what he does best: making your money work for you! 

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

QROPS planning essential in challenging times

Monastery and lavender fieldThe nose-diving post-Brexit pound is causing anxiety and practical financial problems both for British expats already in France and those who are planning to soon move there for their retirement, making it especially important that all concerned make positive and informed choices when seeking a QROPS transfer to France.

There can be no doubt that the pound’s fall has been dramatic; in the months since June it has dropped 15% against the value of the euro, greatly reducing the financial leverage of some expats with a QROPS in France.

Read More

More Taxing Times Ahead

From April 6th this year, individuals who do not spend sufficient time in the UK, or have insufficient ties with the UK to be resident there for tax purposes but who nonetheless own a home in the UK, may now need to pay capital gains tax (CGT) on any gains arising on the eventual sale of the property. 

How will the tax work?

Only gains made from 6th April 2015 are taxable in calculating the gain on the property disposal i.e. non-UK resident property owners will substitute the value of the property as at 6th April 2015 for its actual acquisition cost, thereby rebasing the value to its market value as at that date. Alternatively, property owners may elect to calculate the gain by using the actual acquisition cost but paying tax only on the time-apportioned post-5th April 2015 part of the gain.

If the non-resident usually files a UK self assessment tax return any gain must be included in the appropriate year’s return, otherwise any tax must be paid within 30 days of completion.  Non-residents will continue to be exempt from CGT on disposals of commercial property and other assets.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: