Entirely Finance

MANCHESTER FINANCE NEWS


Parsonage Financial Planning encourages 'new tax year resolutions'


The managing director of an Altrincham based financial planning firm is encouraging the North West to make New Tax Year Resolutions to stay on top of money-management.



Parsonage Financial Planning encourages 'new tax year resolutions'

As the new fiscal calendar begins, Parsonage Financial Planning’s Flora Maudsley-Barton is urging both business owners and individuals alike to take note of the new rules put in place as of April 6.

Flora said: “Year on year, the start of a new financial calendar brings with it a number of changes that are likely to directly affect the public. For example, this year we have witnessed a rise in tax-free personal allowance and a drop in the threshold for tax-free dividends to name a few, and it’s of vital importance that individuals understand how these revisions influence their finances and how best to utilise them to enhance existing and potential assets.

“As part of the new financial calendar, individual ISAs are refreshed meaning that individuals can save tax-free up to £20,000 in finances, stocks and shares and for those at the later stage in life, the annual gift allowance of £3,000 is also reset, meaning assets can be given away to reduce inheritance tax for family and friends. While an increase in auto-enrolment pension comes in to play, we continue to encourage our clients to make contributions that have tax relief added to their pensions as a tax-efficient way to save for retirement.”

Established in 2009, Parsonage Financial Planning offers assistance with a range of monetary concerns including investments, tax, pensions, mortgages and insurance to name a few. The firm withholds an IFA Chartered Financial Planner status, which is the gold-standard for independent financial advice.

"We hope individuals use this time to set achievable targets and work towards long-term plans and goals"
Managing Director Flora Maudsley-Barton



Flora added: “While financial jargon, strict rules and a plethora of information may seem daunting, the start of a new tax year presents an ideal opportunity to assess and re-assess finances. When it comes to our clients, we notice that not everybody is the same and whilst some are certainly natural planners, others may feel overwhelmed when it comes to wealth management – in January of this year, as many as three-million people had not filed their tax returns a week before the national deadline.

“We hope individuals use this time to set achievable targets and work towards long-term plans and goals to ensure that effective planning from the offset will not only ensure that tax deadlines become easier and more manageable, but that financial goals stay maintained month on month.”

For more information visit www.parsonagefinancial.co.uk

 




DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.







Cowgill Holloway

Accountants and business advisors


Cowgill Holloway are a leading independent firm of chartered accountants and business advisors based in the North West, with offices in Bolton, Manchester and Liverpool. Established for over 30 years, and over 140 staff members, we work with all types of businesses. Our entrepreneurial ethos and partner-led approach is tailored to help you achieve your ambitions and financial aspirations.






Sedulo Chartered Certified Accountants


Sedulo is an established firm of accountants, with offices based in Manchester city centre and Cheshire, providing expertise in accountancy solutions and commercial business advisory services.






Crowe Clark Whitehill


With an office in Manchester city centre, Crowe Clark Whitehill is a leading national firm offering audit, tax and advisory service. Michael Jayson heads up the Manchester office.






Moore Accountancy Limited


Moore Accountancy are a proactive firm of Chartered Accountants based in South Manchester working predominantly with Start Ups and Small Business.\r\n\r\nWe work alongside businesses, helping with their tax and accounting needs, leaving business owners with more time and energy to focus on growing their businesses and client base.\r\n\r\nWe Do More Than Just Accounting!






Vernon Building Society

Building Society


Founded in 1924 in Stockport, Cheshire, the Vernon is an independent, mutual building society. We seek to provide competitive mortgages, savings and investment products and to be a trusted source of reliable financial advice within our local community.






RECOMMENDED FOR YOU ON ENTIRELY NORTH WEST