Business Property Relief Pitfalls

If your clients own shares in a small company, whether this is their own business or perhaps an investment in an AIM listed company, it is important you correctly establish the inheritance tax position.     Some clients may inform you that their holding will attract...

Reverse Ramsay

If you give your clients any advice at all on tax, even if only to mention tax favourable investments such as pensions and ISAs, I am sure you have come across the “Ramsay Principle”.  This principle requires a court to look at the final effect of a series of steps...

Cold Calling

Is it legal for a financial adviser practice to cold call in order to find new clients?     This is a question I am frequently asked by advisers wanting to expand their practice. I suspect that many other advisers do not ask the question as they think they already...

Pension Death Benefits Tax Trap

Do you have clients for whom you have set up trusts linked to death benefits from pensions?   Are you aware of recent changes in the law which mean the arrangements you have set up may no longer be appropriate for those clients?   Firstly I should explain that I am...

Viral Marketing

“Viral Marketing” seems to be the in phrase.  Maybe you have already tried some YouTube viral marketing and given up when you discovered nobody wanted to watch your video because it didn’t feature cats doing silly things.   But viral marketing is by no means...