Financial Services in North Devon
Majestic Financial Services has a team of highly qualified Independent Financial Advisers available to offer solutions to a whole host of financial issues as well as offering the most competitive Mortgages on the market.
Our aim is to maximise your wealth and protect it from the taxman, being able to offer advice on all aspects of your personal finances, including: -
Contact us today for a FREE, without obligation, financial health-check.
Capital Gains Tax Planning – Tax may be payable to the Inland Revenue when an individual or company transfers or sells an asset to someone else. Capital Gains Tax is only payable when you are disposing of an asset of which you have made a chargeable gain. Typically, you would make a gain if the asset is worth more that it was when you acquired it.
There are many exemptions or reliefs available, which can reduce or even wipe out your tax bill. Our team of advisers can help to ensure that you pay the least tax possible. We recommend you take professional advice before transferring or selling an asset although substantial savings can still be achieved through last minute planning. top
Mortgages & Re-Mortgages – As a result of the large range of mortgage terms and special offers now available on the market, it rarely makes to stick with the same mortgage provider for the full term. Our independent financial advisors can help you select from the numerous options and, where possible, structure your borrowing to obtain tax relief. top
Inheritance Tax Planning – Quite simply, Inheritance Tax is based on the value of your home and its contents, your investments & savings and any other assets that you own in your name or jointly with others when you die. Without Inheritance Tax Planning, many people end up leaving a substantial tax liability on their death so that bequests can have a much lower value than anticipated. History has proved that, in some cases, the tax burden left on beneficiaries, particularly in respect to property, can result in beneficiaries having to sell rather than retain the asset in order to meet the inheritance tax liability. top
Investments and Life Assurance – Our Independent Financial Advisors are authorised by the Institute of Chartered Accountants to discuss investment matters in generic terms, and where required we can recommend suitable Independent Brokers who will provide the best advice on selecting policies and investments from the many alternatives available. top
Self Assessment – Our specialist Independent Financial Advisers use the very latest computer technology to provide fast, accurate and efficient service in the preparation of Tax Returns, relieving you of the burden of form-filling and will work with you to ensure that you are taking full advantage of all the allowances and reliefs to which you may be entitled. In addition, we offer assistance in guiding you through the maze of Inland Revenue penalty traps and deadlines. top
Tax Credits – Often wrongly perceived as for those on low incomes. Ninety per cent of families are entitled to something, and the amounts involved are no means trivial. Claims of £500 to £1000 are standard. Our Independent Financial Advisors can assist in explaining how tax credits work, then determine if you qualify and calculate how much you will be paid. top
Selling of Businesses – When selling a business, your aim is to maximise the proceeds and minimise any tax liabilities. Timing and the form of sale are often critical. Our Independent Financial Advisors have expertise at hand for clients with businesses to sell, including assistance with negotiations and retirement planning. top
Trusts & Estates – Trusts can often be used for tax planning purposes, but also for practical reasons such as the protection of family assets against the risk of bankruptcy or divorce. Our expert advisors can assist you in assessing the advantages and disadvantages. To avoid the consequences of intestacy, everyone should have a Will, which will need to be amended in time as your circumstances change. We can advise you in tax and practical issues in planning your estate. top
Retirement Planning – When asked, many of us can state when we would like to retire, but very few of us actually have any idea whether we will be able to afford to do so at the relevant time. Majestic Financial Services can help you plan for your retirement, ensuring that you have a detailed plan for your finances to coincide with your retirement with confidence. top
