17th March 2022

Our Latest Edition of Smart Money

After another unprecedented year of the continued COVID-19 pandemic and an uncertain economy, it’s important to keep up with any tax changes that could affect your tax position in the future. Taking action now before 5th April could potentially save you thousands of pounds.

The UK tax system is notoriously complex, but the benefits of structuring our finances tax efficiently can be significant. We’ve provided a summary and some key tax and financial planning areas that may be appropriate to certain tax payers and should be considered prior to the end of the tax year on Tuesday 5th April 2022.

Identifying any tax planning opportunities 

Personal circumstances differ, so if you have any questions or if there is a particular area you are concerned about, please do not hesitate to contact us. If you have not done so already, take the time to carry out a review of your tax and financial affairs to identify any tax planning opportunities and take action before it’s too late.

TO READ OR DOWNLOAD OUR FULL GUIDE PLEASE CLICK HERE

Call us today on 01473 408422 or email ifa@wmibl.co.uk and we can advise you through the process to ensure you are making informed decisions and able to maximise the potential from your investments/finances.

Inside this edition we look at why now is the time to make sure you protect your wealth. The word ‘inflation’ had barely featured in the market’s vocabulary in the last three decades until it suddenly started to come back with a vengeance in 2021. As higher inflation looks set to persist throughout 2022, on page 09 we consider why finding ways to generate a return on investments greater than inflation will be a key investment theme – otherwise your wealth falls in real terms.
 
A full and happy retirement is a priority for many. But no two people are alike. A ‘one-size-fits-all’ system cannot accurately account for everyone’s individual lifestyle choices, so it makes sense that the way you prepare for your future is likely to be different from others. On the surface, retirement planning hasn’t changed all that much over the years. You work, you save and then you retire. Read the full article on page 03.
 
On page 06 we look at the importance of staying on track to achieving your specific financial goals. All of your financial decisions and activities have an affect on your financial health. To help improve your financial health during this period of rising inflation and interest rates, we explain three areas that could help keep you on track to achieving your financial goals.
 
Are your investments working as hard as they could be? With so many options out there, it can be confusing. We can help you navigate your options, and provide a personalised recommendation based on your investment goals. On page 10 we look at five principles that affect everyone who invests their money.
 
A full list of the articles featured in this issue appears on page 02.
 
Looking to make the most of tomorrow by planning today?
 
​Your wealth needs to serve you differently at different stages of your life. Find out how we can help you make the most of tomorrow by planning today. To discuss how we can help, please contact us. 

Woodward Markwell Independent Financial Advisers

We hope you enjoy the useful articles in our latest issue, and if you require any further information or would like to speak with us directly – please contact us.

READ OR DOWNLOAD OUR FULL GUIDE HERE

Woodward Markwell Independent Financial Advisers

If you require any further information or would like to speak with us directly – please contact us.

Friars House, 2 Falcon Street, Ipswich, Suffolk, IP1 1SL


Woodward Markwell Insurance Brokers Limited is authorised and regulated by the Financial Conduct Authority (FCA). You can confirm this by visiting the FCA website www.fca.org.uk/register. The firm’s reference number is 146449.
Our registered address is: Friars House, 2 Falcon Street, Ipswich, IP1 1SL. Registered in England No. 2492078