Demystifying Wealth Management: Building a Roadmap to Your Financial Future
Building and preserving wealth is a lifelong journey, demanding careful planning, informed decisions, and a comprehensive strategy.
Building and preserving wealth is a lifelong journey, demanding careful planning, informed decisions, and a comprehensive strategy.
Protecting your wealth is levied on the total value of an individual’s estate, encompassing property, money, and possessions, upon their passing. For the 2024-25 tax year, the standard IHT rate stands at a substantial 40% on assets exceeding the £325,000 threshold. However, this seemingly straightforward rule is subject to a range of exemptions and reliefs, underscoring the importance of strategic planning.
This is clearly insufficient to cover the rise in costs already seen for Primary Care Networks (PCNs) or general practice, as a result we may see staff reductions and services reducing or closing altogether unless savings can be found.
How to achieve robust cyber security? Protecting your organisation from cyber threats is paramount. At Ballards LLP, our Cyber Team offers comprehensive guidance to help increase defences and safeguard your critical assets. Follow these 10 essential steps to enhance your cyber security posture.
Cyber security is no longer just an IT concern – it’s a fundamental operational risk. With the advancement of technological innovation and the complexity of technology environments, organisations must take a proactive and ongoing strategic approach to safeguarding their critical assets and ensuring business resilience.
As the 2023/2024 tax year draws to a close on 5 April 2024, it’s crucial to review your financial situation and take advantage of any tax-saving opportunities. Here are some essential reminders to consider before the tax year ends.