Welcome to the latest edition of our personal finance mangazine.
Although making resolutions to improve your financial situation is good whatever the time of year, many people find it easier at the beginning of a New Year. Regardless of when you begin, the basics remain the same. So it’s with this in mind that we have provided a number of ideas inside this issue to get you ahead financially.
In a period of slow global growth, aggressive central bank actions and near paralysis on the part of many fiscal policy makers, investors enter 2013 facing a plethora of challenges. On page 6 we look at the three main hot topics that are likely to impact on making investment decisions over the next 12 months: China, the US and the Eurozone.
With the end of the tax year rapidly approaching on 5 April, now is the time to focus on ways to mitigate any tax liability. To make the most of the opportunities available, if you’ve not already done so, you should start putting plans in place now. On page 10 we consider some of the areas you may need to review to minimise a potential tax liability.
This tax year 2012/13, you can shelter up to £11,280 from tax by investing in an Individual Savings Account (ISA), and the good news is that the Chancellor, George Osborne, announced during his Autumn Statement last December plans to increase the ISA limit to £11,520 from 6 April this year. To make the most of the current tax year’s allowance, you need to act fast before the fast approaching deadline. Turn to page 2 to read the full article.
A full list of all the articles featured in this issue appears on page 03.
If you require any further assistance, please contact us – we look forward to hearing from you.