Z&N Wealth Management

16/08/2024

Secure Your Future with Expert Financial Planning

Mortgages | Protections | Investments | ISAs | Pensions

Take control of your financial future with our tailored advice and solutions. Whether you’re buying your first home, protecting your loved ones, growing your wealth, or planning for retirement, we’re here to help every step of the way.

Our Services Include:

- Mortgages: Find the most suitable deals tailored to your needs.
- Protections: Safeguard your family’s future with comprehensive
insurance solutions.
- Investments & ISAs: Grow your wealth with tax-efficient investment strategies.
- Pensions: Plan for a comfortable retirement with expert pension advice.

Why Choose Us?
- Personalised advice from experienced professionals
- Transparent fees with no hidden costs
- Trusted by clients across the UK

Call to Action:
Get a Free Initial Consultation Today!
Start your journey to financial security with a free, no-obligation initial consultation. Click https://znwm.co.uk/contact-us/ to book your appointment now!

Z & N Wealth Management Ltd is an appointed representative of Quilter Financial Services Ltd and Quilter Mortgage Planning Ltd which are authorised and regulated by The Financial Conduct Authority.
Contact Us – Zarar Tariq (DipFA, Cert CII (MP), MBA
[email protected]
07556677671
www.znwm.co.uk
[Get a Free Quote]

We are one of the local advice firm offering a fresh & innovative approach to financial advice based in Leeds West Yorkshire

25/12/2023

https://www.ftadviser.com/pensions/2023/12/19/can-a-client-borrow-money-from-their-sipp-or-ssas/?page=4

There could be many reasons why a client might want to raise capital. They could be diversifying their investments into the buy-to-let market, they could be looking to inject cash into their business, or there could be a personal reason like buying a larger home.

25/12/2023

How to maximise the value of business relief when making a will..

Summary - The article discusses the intricacies of Inheritance Tax (IHT) and Business Relief (BR) in the context of UK-domiciled individuals' estates. Key points include:

Inheritance Tax on Worldwide Assets: UK-domiciled individuals are taxed on their global assets at death, with estates over £325,000 subject to a 40% tax rate.

Business Relief (BR): This relief, formerly known as business property relief, is crucial for business owners to reduce IHT liability. It applies to certain business assets if conditions are met.

Eligibility for BR:

100% relief for a business, interest in a business, or unquoted shares in a trading company.
50% relief for controlling shares in a listed company, certain land, buildings, machinery, or business held in trust.
Assets must be owned for at least two years before death.
Exceptions and Limitations:

BR doesn't apply if a binding contract of sale exists.
'Excepted assets' like cash not needed for business purposes reduce BR value.
Assets used mainly for investment purposes don't qualify.
Case Study - Butler & Others v HMRC: This case highlighted how the nature of business activities affects BR eligibility. The court found that a wedding venue business, which evolved from a farm, was primarily holding investments, thus disqualifying it from BR.

Spousal Exemption and Estate Planning:

Assets passed to a spouse are IHT exempt, but this can waste BR benefits.
Consideration should be given to passing business assets to non-spousal beneficiaries to utilize BR.
Discretionary trusts can be used for flexibility in asset distribution.
Importance of Trustee Selection and Company Documents: The choice of trustees is crucial for managing business assets in a trust. Business owners should also ensure company documents align with their will.

The article emphasizes the need for careful estate planning and awareness of changing tax laws to maximize BR benefits and minimize IHT liabilities.

(Authors: Richard Burgess and Debra Blacklock, Moore Kingston Smith
https://www.facebook.com/profile.php?id=100063862500593

From Investments to Protection we provide tailored made service to our clients. We deal with top market leading providers.
Expert advice, simply given

06/12/2023

www.znwm.co.uk

28/08/2023

As a mortgage advisor "I specialise in finding the absolute best mortgage tailored to your unique circumstances and connecting you with the right lender. I personally guide clients throughout the entire process, from initial consultation to offer acceptance, offering advice and support until the deal is sealed. A reliable broker can be truly invaluable."

04/08/2023

Welcome to our financial planning firm! I understand the importance of securing your financial future, and we're here to assist you every step of the way. Whether you're looking to buy your dream home, invest wisely for higher returns, or plan for a comfortable retirement, I am an experienced advisor is ready to guide you through the process.

Our mortgage services offer competitive rates and tailored solutions to help you find the perfect home and loan that align with your financial goals. We'll assist you in navigating the complexities of the mortgage process, ensuring a smooth and stress-free experience.

When it comes to investments, we take a personalised approach, understanding your risk tolerance and financial aspirations. Our experts will design a diversified portfolio, aiming for long-term growth and stability, while keeping you informed about the performance and adjustments needed along the way.

Planning for retirement is crucial, and our pension services are designed to secure your future financial well-being. We'll help you create a comprehensive retirement plan, considering factors like lifestyle expectations, inflation, and life expectancy to ensure you can enjoy your golden years without financial worries.

At our financial planning firm, your success is our priority. Let us empower you to make informed decisions, maximize your financial potential, and achieve your long-term dreams. Get in touch with us today to embark on a journey of financial security and prosperity.

07556677671

21/04/2023

01/10/2020

https://www.financialreporter.co.uk/mortgages/august-mortgage-approvals-rebound-to-13-year-high-boe.html

The number of mortgage purchase approvals

04/09/2020

15/07/2020

Trussle has reported a 182% increase in first-time buyer mortgage applications and a 176% increase in next-time buyer applications over the last two months.

15/07/2020

Society reverses June decision following announcement of tax holiday on certain homes

12/07/2020

93% of first-time buyers are still considering buying in 2020, with the majority (51%) stating that they definitely intend to buy this year, according to data from Legal & General Mortgage Club.