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Oakmere Wealth Management Advisors – Charities
by
paigeturner25
Charities attract a number of tax reliefs.
We recognize that every charity is different, and look after charitable funds for a wide range of organizations. Therefore, we aim to provide an investment strategy to meet individual charity’s requirements. This is based on a full understanding of their income, total return and risk parameters after a consultation.
We provide a bespoke portfolio designed to meet those needs and objectives. We can then adapt the investment strategy, in response to changing charity needs over time. We will also provide regular reporting and attend trustee meetings in line with individual requirements.
Any funds that the Charitable Trust invests will benefit from the distinctive investment management approach of St. James’s Place and ongoing monitoring undertaken by the St. James’s Place Investment Committee in conjunction with Stamford Associates, Redington and other independent consultants.
What Are The Tax Benefits?
Tax benefits available include:
– Donors can reclaim tax on the value of their donations
– Charities are exempt from Capital Gain Tax, Income Tax, Corporation Tax and Inheritance Tax
– Smaller trusts do not have to register for VAT
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time and are generally dependent on individual circumstances.
How are Annual Reporting requirements fulfilled?
The Charity Commission requires an annual formal report and accounts to be filed by charities. This can be a complex and time consuming activity, but we can share this responsibility with you in conjunction with a number of external experts. For more information about how this is achieved, please contact us to arrange an initial consultation.
When managing your wealth it is important to understand that every individual or business needs a different approach. Ambitions, assets and attitude to risk are different for everyone and, of course, this will change over time.
We have offices on the outskirts of Northwich, Cheshire and central Manchester and we work closely with every client building relationships based on trust and an in-depth understanding of your finances. This ensures that we are able to provide the advice that is needed, when its needed.
Our service is grounded in the highest professional standards.
We recognise that each of our clients is unique and as such deserves a bespoke service, tailored to their own financial needs and future aspirations.
Holistic Financial Planning can:
– Potentially increase the value of your savings and offer investment planning in a tax efficient manner.
– Protect yourself and your dependants’ income in case of unforeseen problems.
– Increase the after-tax legacy you pass on to your beneficiaries.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
Putting our clients firmly at the heart of everything we do enables us to run a genuinely client-focused business. In our experience, no two clients are the same and we therefore ensure that we understand your personal or business objectives and deliver solutions that are right for you.
We do not provide off the shelf solutions, but we offer the benefit of a single relationship for all of your financial planning needs. We strive to offer the very best service to develop a long term relationship with you.
We aim to deliver our commitment by:
– Providing personal face-to-face financial advice
– Giving you the opportunity to review your financial affairs regularly
– Effectively managing your investments via our distinctive approach
– Keeping you informed of the latest news and any changes that might affect your personal situation
– Listening to your feedback
– Ensuring that our dealings with you are sensitive to your needs
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
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