About Us Join as a Professional
Contact Us
Professionals UK United Kingdom Bedfordshire Belfast Berkshire Birmingham Bristol Buckinghamshire Cambridgeshire Cardiff Cheshire Chester Devon Edinburgh Essex Glasgow Hampshire Hertfordshire Kent Lancashire Leeds Liverpool London Manchester Newcastle Nottingham Oxfordshire Sheffield Surrey Sussex Warwickshire Yorkshire Europe Amsterdam Berlin Brussels Dublin Ireland Madrid Milan Monaco Paris Stockholm Zurich United States Chicago Los Angeles Miami New York San Diego San Francisco San Jose Texas United Arab Emirates Dubai
Categories
  • {{ category.title }}

Please select category on the left first.

If you cannot find what you are looking for or if you have a very specific enquiry, please use our "Send Enquiry" feature.

{{ category | displayCategoryName }}
{{ child.name }}

Showing results in {{ selectedLocation.name }}

Suggestions
  • {{ suggestion.name }}
Categories
  • {{ category.name }}
Suggestions
  • {{ suggestion.name }}
Professionals
Public users
Companies
Articles
Locations
  • {{ locationSuggestion.name }}
There are no results for {{ query }}
Articles & Events Posts
Request a Service
About Us Join as a Professional
Contact Us
Professionals UK United Kingdom Bedfordshire Belfast Berkshire Birmingham Bristol Buckinghamshire Cambridgeshire Cardiff Cheshire Chester Devon Edinburgh Essex Glasgow Hampshire Hertfordshire Kent Lancashire Leeds Liverpool London Manchester Newcastle Nottingham Oxfordshire Sheffield Surrey Sussex Warwickshire Yorkshire Europe Amsterdam Berlin Brussels Dublin Ireland Madrid Milan Monaco Paris Stockholm Zurich United States Chicago Los Angeles Miami New York San Diego San Francisco San Jose Texas United Arab Emirates Dubai
Categories
  • {{ category.title }}

Please select category on the left first.

If you cannot find what you are looking for or if you have a very specific enquiry, please use our "Send Enquiry" feature.

{{ category | displayCategoryName }}
{{ child.name }}

Showing results in {{ selectedLocation.name }}

Suggestions
  • {{ suggestion.name }}
Categories
  • {{ category.name }}
Suggestions
  • {{ suggestion.name }}
Professionals
Public users
Companies
Articles
Locations
  • {{ locationSuggestion.name }}
There are no results for {{ query }}
Articles & Events Posts
Request a Service
02.10.2023

How Investment Bond Structure And Tax Advantages Can Help You Pass On Wealth

Goddard Perry Consulting Ltd
Goddard Perry Consulting Ltd
Financial Adviser

How Investment Bond Structure And Tax Advantages…

twitter icon

How Investment Bonds Structure and Tax Advantages Can Help You Pass on Wealth

Investment bonds offer several benefits that you may be missing out on and have become more beneficial due to recent changes in tax regulations following the Chancellors decision to reduce the Capital Gains Tax (CGT) Allowance from £12,000 to £6,000 this year and to £3,000 in April 2024.

  1. Zero ongoing reporting and no CGT charges for changing funds – One of the key advantages of investment bonds is that they are not subject to CGT. Onshore bonds are treated as having already paid 20% tax on any gains when calculating a chargeable gain.  The actual amount deducted is likely to be less than this amount.
  2. Mitigate IHT - Additionally, investment bonds can help with IHT planning as if held in a trust, they can be exempt from IHT after seven years.
  3. Contributions and taxation - There are no restrictions as to how much is invested in Investment bonds. Investors can withdraw up to 5% of their initial investment each year without triggering a chargeable event or incurring an immediate tax liability.  Furthermore, top slicing is available to reduce the tax liability when a chargeable event does occur. 

Do you want to learn more about utilising bonds as part of your investment plan?

Please contact Goddard Perry Consulting to arrange to speak to one of our Financial Planners.

  • Capital Gains Tax
  • Taxation
  • Investment Planning
  • Investment Bonds
  • Investment Advice
Goddard Perry Consulting Ltd
Goddard Perry Consulting Ltd
Financial Adviser

Goddard Perry Consulting is a firm of independent financial advisers specialising in providing financial planning advice and business solutions.
Follow us for more articles and posts direct from professionals on      
Inheritance Tax IHT, Pension contribution

Accountants & Solicitors - How can we help your clients?
We are keen to establish connections with accountancy firms to add value to the service you are offering.  As…
Goddard Perry...
Goddard Perry...
Financial Adviser
Estate planning, Finacial advice

How a Lifetime Financial Plan Can Help Secure Your Future
How a Lifetime Financial Plan Can Help Secure Your FutureIn an ever-changing financial landscape, having a clear…
Goddard Perry...
Goddard Perry...
Financial Adviser
Pension Advice, Inheritance Tax IHT

Solicitors & Accountants - How can we help your clients?
We are keen to establish connections with Solicitor and Accountancy firms to add value to the service you are…
Goddard Perry...
Goddard Perry...
Financial Adviser

More Articles
Tax Planning, Pension Advice, Financal services

Accountants - How Could We Help You and Your Clients?
Goddard Perry Consulting Independent Financial AdvisersWe are keen to establish connections with accountancy firms to…
Goddard Perry...
Goddard Perry...
Financial Adviser
Accountant UK, Finacial advice

🌟 Calling All Accountants: Let's Unlock Financial Success...
🌟 Calling All Accountants: Let's Unlock Financial Success Together! 🌟 Dear Accountant Colleagues, In the dynamic world…
Goddard Perry...
Goddard Perry...
Financial Adviser
Relevant life plans, Business Protection

Why you need Business Protection?
Business Protection is one of the best ways to safeguard the future of your business, by protecting the people who…
Goddard Perry...
Goddard Perry...
Financial Adviser

Would you like to promote an article ?

Post articles and opinions on Cardiff Professionals to attract new clients and referrals. Feature in newsletters.
Join for free today and upload your articles for new contacts to read and enquire further.