Monisha Sharma

Tackle tax year end with confidence

Tax rules can seem pretty impenetrable. With the new Budget, and so many different allowances and regulations to keep up with, it’s no wonder millions of us end up accidentally missing opportunities - equating to millions of pounds a year.¹

In this case, ignorance really isn’t bliss. And by confidently preparing for tax year end, you can be sure you’re getting all the money you’re entitled to - whether that’s by saving as much as you can tax-efficiently or just using your allowances to their full extent.

I can go through your financial position with you, so you’re ready for tax year end on 5 April. Did you know, for instance, that only 1 in 7 savers fully use their ISA?² Or that you could be one of the 2m couples³ who aren’t making the most of their marriage allowance?

Together we can make this tax year end something to celebrate, rather than pass by. Get in touch for your tax year end review, or a cashflow modelling session to understand your financial position better.

For ISAs, Investors do not pay any personal tax on income or gains, but may pay unrecoverable tax on income from stocks and shares received by the ISA managers.

Tax treatment varies according to individual circumstances and is subject to change.

Stocks and Shares ISAs invest in corporate bonds, stocks and shares and other assets that fluctuate in value.

¹ Source: https://www.thetimes.com/money-mentor/pensions-retirement/how-to-claim-higher-rate-tax-relief-on-pension-contributions-in-the-uk

² Source: https://ifamagazine.com/just-one-in-seven-brits-use-their-full-isa-allowance-survey-shows/

³ Source: https://moneyweek.com/personal-finance/605717/marriage-tax-allowance

Approver Quilter Financial Services Limited & Quilter Mortgage Planning Limited. 17 December 2024.

About Me: I am a highly dedicated and experienced financial professional with a strong passion for helping individuals and organisations achieve their financial goals. My career has been built on a foundation of sound financial knowledge, strategic planning, and a deep understanding of the unique needs of high-net-worth individuals (HNWIs) and public sector employees.

Early Education & Qualifications: My academic journey began with a focused pursuit of financial services, driven by an interest in helping others manage their wealth effectively. I hold a Diploma in Regulated Financial Planning, a qualification that has equipped me with a thorough understanding of financial planning principles, compliance, and the regulatory environment. This qualification is particularly important in the UK’s complex financial landscape, where regulatory changes and evolving consumer needs shape the industry.

I also hold an MBA, which has given me a broader strategic perspective on business and finance. The combination of my Diploma in Financial Planning and my MBA has allowed me to refine my expertise not only in technical financial planning but also in understanding broader business dynamics, leadership, and long-term growth strategies. Additionally, I am a Member of the Chartered Insurance Institute (CII), a prestigious professional body that upholds high standards in the insurance and financial services industry. This membership reflects my commitment to continuous professional development, ethical practice, and delivering exceptional service to my clients.

Professional Experience: With over six years of experience in financial planning, I have developed a comprehensive understanding of the complex financial needs of both high-net-worth individuals and public sector employees. Throughout my career, I have had the privilege of working with a diverse range of clients, each requiring tailored advice and bespoke strategies to navigate the intricacies of wealth management.

High Net-Worth Individuals (HNWIs): Working with high-net-worth individuals has given me the opportunity to assist clients with complex wealth management strategies, including investment management, tax planning, retirement planning, and estate planning. I understand the unique challenges faced by wealthy individuals - whether it’s optimising investment portfolios, managing tax liabilities, or ensuring wealth is preserved and passed on to future generations. My role often involves helping clients identify and achieve their long-term financial goals while minimising risks and navigating ever-changing financial markets. As part of my work with HNWIs, I place a strong emphasis on building lasting relationships. Trust and transparency are paramount, and I take pride in offering advice that is in the best interest of the client, ensuring their financial well-being is at the forefront of every decision.

Public sector employees: In addition to my work with HNWIs, I also specialise in providing financial advice to public sector employees. These individuals often face unique pension schemes, benefits packages, and career dynamics that require tailored financial strategies. From navigating public sector pension schemes to helping employees plan for retirement or manage their income streams effectively, I offer guidance that maximises the value of their benefits. My experience in this area has given me an in-depth understanding of the specific rules, restrictions, and opportunities available to public sector workers. Many of my clients in this sector appreciate my ability to translate complex financial concepts into practical, actionable advice that fits their specific circumstances.

My approach: In both areas of my expertise, my approach is always client-centered. I believe in taking the time to truly understand my clients’ personal goals, values, and aspirations. This understanding allows me to provide tailored, strategic advice that is aligned with their unique circumstances. I focus on building strong, trust-based relationships with my clients. I recognise that financial planning is not just about numbers - it’s about ensuring that clients feel confident and secure about their financial future. Whether it’s setting up a comprehensive investment strategy, planning for retirement, or managing risk, I work closely with my clients to develop actionable plans that are realistic and achievable.

Ongoing professional development: The financial services industry is constantly evolving, and I am committed to staying at the forefront of developments in the sector. In addition to my core qualifications, I regularly attend industry events, workshops, and seminars to keep up with the latest trends, legislation, and best practices. I am particularly focused on developments in sustainable finance, investment management, and tax legislation, as these areas are becoming increasingly important to my clients, especially those with more complex financial needs.

Personal philosophy & values: At the core of my practice is a commitment to integrity and professionalism. I believe that financial planning should be transparent and ethical, with the client's best interests always at the heart of every decision. I also value the importance of education - I make it a priority to ensure my clients understand the decisions we make together, empowering them to feel more confident and informed about their financial futures.

Outside of work: When I’m not working, I enjoy staying active and maintaining a healthy work-life balance. I’m a firm believer in lifelong learning, so I spend my free time reading about personal development and finance, as well as exploring new ideas for improving my service. I also enjoy travelling and spending time with my family and friends, making sure to unwind and recharge whenever possible.