We recognise our solutions aren’t appropriate for all circumstances and it’s important clients receive the right advice, that’s why our products are only available through financial advisers.
If you are an investor interested in our solutions and you don’t already have a financial adviser, you may wish to visit unbiased.co.uk to find a professional adviser in your local area.
Upon death, 40% of your assets above the Inheritance Tax nil rate band, which is currently set at £325,000, is payable to HM Revenue & Customs. Having already been taxed on your earnings and your pension, the prospect of giving up a large share of your hard earned assets on death is considered by many to be unfair.
There are a number of ways to mitigate your exposure to IHT, such as using trusts and gifts. However, these can take many years to be fully effective, can incur upfront tax charges and may require you to give up control and use of your assets. Given that you may need to access your savings in later years, for example to supplement your pension, this is less than ideal.
TIME offers tailored solutions for both individuals and business owners, looking for a steady income stream and a way to address their IHT concerns:
TIME also offers a unique ‘smart passive’ approach for investing in companies listed on AIM. We believe our service creates a robust portfolio that will allow investors the opportunity for significant growth potential and mitigation of their IHT liability.
TIME:AIM – the smart passive AIM BPR service
In 1993, Michael Portillo, Chief Secretary to the Treasury when the EIS was launched, said:
“The purpose of Enterprise Investment Schemes is to recognise that unquoted trading companies can often face considerable difficulties in realising relatively small amounts of share capital. The new scheme is intended to provide a well-targeted means for some of those problems to be overcome.”
The ‘considerable difficulties’ in raising small amounts of capital are still a pertinent feature of the business landscape today and the EIS continues to thrive in helping industries that are struggling to find private investment.
Recent changes in EIS legislation announced in the Summer Budget 2015 have re-emphasised the original purpose of encouraging investment in smaller UK companies. Most recently, subsidised renewable energy generation such as hydroelectric or anaerobic schemes were removed from eligibility for EIS tax reliefs.
Providing an EIS investment is held for at least three years, investors can benefit from:
Property investment is an area we have a great deal of experience in. Our original property fund, TIME:Freehold was dubbed “Best fund in the universe” by Trustnet and boasts an impressive 23 year unbroken record of delivering consistent inflation beating returns. Building on this expertise, we launched TIME:Commercial Freehold in 2014, which invests in long income property, opening up a new investment sector for individual investors.