Happy New Year!
Quayside is turning 10!
We’re so excited to hit this milestone in 2025, and to celebrate, we’re setting ourselves a big challenge. Our goal? To raise £10,000 for the amazing Pied Piper Appeal. Read more about how we will reach our goal!
With January behind us, we’re quickly approaching the end of the tax year. In this and future newsletters, we’ll provide tips, tricks, and key dates to help you make the most of the remaining time and help maximise your tax allowances.
Monthly Headline
For company directors, year-end tax planning can bring some great financial benefits. Here are three main benefits:
- Optimising Personal Income Tax: Directors often earn salaries, bonuses, and other benefits. With smart yearend tax planning, you can manage your personal income tax more efficiently.
- Tax-Smart Dividend Planning: If you're receiving dividends from your company, year-end tax planning can help you help maximize the tax efficiency of those payouts.
- Retirement and Pension Planning: Directors have some unique opportunities when it comes to retirement and pension planning. Yearend is a great time to make the most of contributions to retirement accounts like Individual Retirement Accounts or other pension schemes. It's a good idea for directors to team up with tax pros or financial advisors to fine-tune their year-end planning to fit their specific situation.
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. The value of any tax relief depends on individual circumstances.
Charity News
Let’s do this!! It’s official, we’re going to try and raise £10,000 for the Pied Piper Appeal by doing some crazy challenges around the magic number 10,000. We need your support, whether it’s a 10k run, a skydive or something even crazier, we won’t achieve it without your generosity so please keep your eyes on social media as together we can make a difference.
Further Insights
If you’re interested to read further, we also have more useful information on our website which can be found here.
Upcoming Events
Girls Just Wanna Have Funds - 28 February 2025 4:30pm- Building confidence for women and their finances, taking back control in a modern world of uncertainty and changing rules. A focused session on understanding investments. Click Here to book your place.
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Although the content of the article was correct at the time of writing, the accuracy of the information should not be relied upon, as it may have been subject to subsequent tax, legislative or event changes.