Kashef Reid-Bashir

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.

I take the time to get to know my clients and appreciate that they may not have the time to devote to analysing their financial position to ensure their investments are tax efficient and produce the desired returns with an appropriate level of risk. I am also acutely aware that clients may not necessarily put adequate levels of protection in place for themselves and their families to minimise the impact of any adverse events life may throw at them.

I help my individual or organisational clients put plans in place which:

• Are directly aligned with their objectives
• Help achieve financial independence as rapidly as possible
• Avoid any unnecessary inheritance and personal tax exposures
• Ensure sufficient resources are available to do what they want when they stop working
• Preserve wealth over the long term using appropriate estate planning strategies.

I offer an initial financial well-being check at my own expense where I run through my potential clients' financial needs and expectations. In terms of background, I am a commercially astute, highly accomplished, finance professional with consulting and corporate experience in organisations including, Reuters (now Refinative), FTSE (now FTSERussell) and Booz Allen Hamilton. I am Investment Advice Diploma Qualified (CISI, level 4), a Qualified accountant (ACMA) and MBA (Cranfield School of Management). On a personal level, I play tennis at club level and enjoy spending time with family.