Independent Financial Advisors - IFA Bolton, UK

INDEPENDENT FINANCIAL ADVISOR (IFA) LIMITED is based in Bolton and was formed with the aspiration to provide high-quality, professional financial planning and advice. We have in excess of £160 million of clients money under management and presently increasing this figure in the region of £2 million per month.

We have a management background of dealing with entrepreneurial business owners both whilst running and then selling a business.

As a firm we were awarded the prestigious Chartered Financial Planner status in October 2007 which proves our commitment to professionalism and providing our clients with the best possible advice.

Budget 2009 Update

There are summaries on the following topics:

• Freezing of pension annual and lifetime allowances confirmed
• State pension credit improvements
• Reclaiming overpayments of tax
• Further harmonisation of the administration of taxes and duties by HMRC
• Relaxation of rules for EIS and VCTs
• Pension tax relief capped for those earning £150,000 or more
• Increase in stamp duty land tax thresholds maintained
• Corporation tax on foreign dividends received by UK companies
• Child Trust Fund: payments for disabled children
• Amendments to the remittance basis
• Avoiding unintended tax consequences in relation to pension schemes receiving FSCS assistance
• Increased income tax liabilities for high earners and some trusts
• Investment trusts tax changes from 1 September 2009
• Taxation of personal dividends
• Tax avoidance using offshore life assurance policies
• FSCS compensation which include interest payments
• Inheritance tax reliefs extended
• ISA limits increased