Basel Labs

For many individuals was a yr of hardship. A global recession, stock Exchange upheaval plus an overall feeling of unease have left lots of individuals feeling very unsettled about the future.

Hopefully 2010 will be a more acceptable year. Still there are steps we can implement to improve our .

A small thing we can do to get the position into perspective is to look over our financial status. Whether it is your home finance, borrowing, investment funds, income or purchasing habits need to be reviewed on a regular basis.
Carrying out a review will help you to identify where your finances can be bettered and if you need to make alterations.

It is essential to re assess your Savings & Investments, to ensure they are acceptable to the level of risk you are ready to take on. It is also worth reviewing your MasterCard and visa, gas & electricity as well as house and car insurance to see if you could get an improved deal. Even a little improvement could make a big difference to your monthly budget.

Making the most of your annual tax allowances such as ISAs, CGT allowances and retirement planning are also ways of keeping down the level of tax you could pay.
Whilst income and capital gains tax are important, the impact of IHT should likewise be thought about.

Many individuals and parents have assets in excess of the value of the Inheritance Tax Nil Rate band. Good tax advice can be used to cut back the amount of IHT their beneficiaries might have to pay.

For numerous individuals, the services offered by Financial Advisers assist them to review and put into place changes to their finances and savings.

If you think that you would benefit from independent financial advice please call us on 01454 321511.

Consilium Asset Management