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Fourteen second demo showing how you (an investor using Carta) can refer a portco for QSBS

Looking to reduce your tax bill and save up money for the future? An RRSP can help make it happen. Here’s how it works.

The ProVen VCTs' early-bird discount is closing next week 🕐 ProVen VCT and ProVen Growth and Income VCT are looking to raise up to £15m each, with an over-allotment facility of up to £5m each in the tax years 2023/24 and 2024/25, through a combined offer for subscription they launched a few weeks ago. As part of their new fundraise, the ProVen VCTs are offering early application discounts to new and existing shareholders in the funds, which are available to applicants who submit valid applications by 3pm on 16 February 2024 (or, if earlier, the date the first £5m of valid applications for the relevant ProVen VCT have been received). The early bird discounts available are as follows: 🟩 A 1% discount for existing investors of the ProVen VCTs (and their spouses/civil partners). 🟩 A 0.5% discount for new investors. Find out more about the offer and how your clients can take advantage of the early bird discounts before they come to an end 👇 Important notice: this financial promotion is issued by Beringea LLP of Charter House, 55 Drury Lane, London, England WC2B 5SQ, registered in England & Wales number OC342919 and authorised and regulated by the Financial Conduct Authority, number 496358. Issue date: February 2024. This is an advertisement and not a prospectus and investors should not subscribe for any transferable securities referred to in the advertisement except on the basis of information in the prospectus (which is made up of a Securities Note, Registration Document and Summary which is available at https://lnkd.in/dqKaHEGc). As with all investments your capital is at risk. Tax treatment depends on individual circumstances and tax rules could change in the future.

Looking to reduce your tax bill and save up money for the future? An RRSP can help make it happen. Here’s how it works.

We are approaching that time again. PPI has great strategies and tools available to you. Reach out to me if you could use some help with your practice. dthorne@ppi.ca or 236-858-3799. #ppi #RRSP #strategicplanning #insurancesolutions #insuranceadvisors #financialadvisors

Get your tax year off to a great start with our ISA FAQs! Whether you're new to ISAs or a seasoned investor, we’ve got the answers to the most common questions about ISAs to help you make the most of your tax-free savings. St. James’s Place only offer Stocks & Shares ISAs. The value of an ISA with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested. An investment in a Stocks & Shares ISA will not provide the same security of capital associated with a Cash ISA. The favourable tax treatment given to the ISA may not be maintained in the future, as this is subject to changes in legislation. Hamilton Bennett Financial Solutions Ltd is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) #HamiltonBennett #ISA #ISAs #IndividualSavingsAccount #Tax #TaxFreeSavings #StocksAndShares #FinancialAdvice #FinancialAdvisers #FinancialAdviser #MoneyMatters #FinancialEducation #Investments #PayLessTax

*PSA* New Capital Gains Inclusion Rate Starting June 25, 2024 Budget 2024 has proposed to increase the capital gains inclusion rate starting June 25, 2024. This mainly affects business owners and wealthy individuals with large capital gains. Who it affects and how it works: •Corporations and Trusts - Capital gains in corporations or trusts will have an inclusion rate of 2/3 instead of1/2 •Individuals with large non-registered accounts and sale of properties that have gains over $250,000 - Personally, capital gains above $250,000 in a year will be taxed at an inclusion rate of 2/3 instead of 1/2 Factors to consider: •This will have no impact personally if you incur less than $250,000 in gains a year. •The personal $250,000 exemption begins June 25th, ignoring past gains in the first half of the year. •If holding for a longer time horizon, there is a breakeven point between pre-paying the tax under the pre-June 25th rate and deferring the gain even at the new higher rate. Generally, the higher the rate of return or the longer the time horizon, the better it is to defer. •If a new government is elected, these rules could be reversed in the future as it is a very unpopular legislation proposed by an unpopular government. •There is no effect on registered accounts like RRSP’s and TFSA’s. What you should do: •Review your portfolios and consider realizing gains earlier in securities that you feel are reaching fair value and that are larger weightings in your portfolio to take advantage of the lower current gains rate. •Reviewing if there are any short and medium-term requirements of cash flow from your portfolio and selling investments to raise cash before the new rate begins. •Saving unrealized losses for June 25th and after to utilize a larger capital loss inclusion amount. Feel free to message me and utilize me as a free resource if you have any questions. Best, Wilton

The ProVen VCTs' early application discounts are closing on Friday 🗓 ProVen VCT and ProVen Growth and Income VCT are currently offering early-bird discounts for new and existing shareholders as part of their current offer for subscription. The discounts are available for applications received by the earlier of 3pm on 16 February 2024, or before £5m per VCT has been raised, and are as follows: 🟩 A 1% discount for existing investors of the ProVen VCTs (and their spouses/civil partners). 🟩 A 0.5% discount for new investors. Learn more about the early bird discounts before they close this Friday, as well as the latest offer for subscription 👇 Important notice: this financial promotion is issued by Beringea LLP of Charter House, 55 Drury Lane, London, England WC2B 5SQ, registered in England & Wales number OC342919 and authorised and regulated by the Financial Conduct Authority, number 496358. Issue date: February 2024. This is an advertisement and not a prospectus and investors should not subscribe for any transferable securities referred to in the advertisement except on the basis of information in the prospectus (which is made up of a Securities Note, Registration Document and Summary which is available at https://lnkd.in/dqKaHEGc). As with all investments your capital is at risk. Tax treatment depends on individual circumstances and tax rules could change in the future.

The Chancellor of the Exchequer has just given his Autumn Statement to Parliament, which includes proposed changes to ISA rules for the UK. Allowing multiple ISA subscriptions. With this new rule, you will be allowed to pay into more than one of each type of ISA, so long as the total amount paid across all of these does not exceed the £20,000 annual limit for the tax year. We can provide the quality advice, comprehensive investment solutions and ongoing service to help you achieve your financial goals. To find out more ways we can help, visit: https://lnkd.in/eq67JnD8 Reality Wealth Management is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority). The value of an investment with St. James's Place will be directly linked to the performance of the funds you select, and the value can therefore go down as well as up. You may get back less than you invested. An investment in a Stocks and Shares ISA will not provide the same security of capital associated with a Cash ISA.  The favourable tax treatment of ISAs may not be maintained in the future and is subject to changes in legislation. St. James's Place does not offer Cash ISAs. #futureyou #ISA #financialsupport #financialplanner 

Just finished the course “Understanding UK Personal Finance and Tax” by CRFT Productions and Naeem Anwar! Check it out: https://lnkd.in/g8q2_gXB #corporatefinance #ukcorporationtax.