Pineapple Financial Planning’s Post

🎄 Christmas gifting – your tax tips 🎄 💷 Gifting money or valuable assets this Christmas can make a real difference to the financial wellbeing and security of the whole family. 👵🏻👴🏻➡️👧👦 Tax-smart giving moves money across generations – as tax-efficiently as possible. 👰♀️🤵♂️ You can pick from cash gifts, gifts to trusts, children’s pensions or Junior ISAs, even helping pay for an upcoming wedding or civil partnership. Go Christmas shopping – without the crowds. For more tax-smart tips please see the link to the full article in the comments below ⬇️

Gifting money or valuable assets this Christmas can make a real difference to the financial wellbeing and security of the whole family. Tax-smart giving moves money across generations – as tax-efficiently as possible. You can pick from cash gifts, gifts to trusts, children’s pensions or Junior ISAs, even helping pay for an upcoming wedding or civil partnership. Go Christmas shopping – without the crowds. #tax #gifting #financialplanning

𝑪𝒉𝒓𝒊𝒔𝒕𝒎𝒂𝒔 𝒈𝒊𝒇𝒕𝒊𝒏𝒈 – 𝒚𝒐𝒖𝒓 𝒕𝒂𝒙 𝒕𝒊𝒑𝒔 Gifting money or valuable assets this Christmas can make a real difference to the financial wellbeing and security of the whole family 🎄 Tax-smart giving moves money across generations – as tax-efficiently as possible. You can pick from cash gifts, gifts to trusts, children’s pensions or Junior ISAs, even helping pay for an upcoming wedding or civil partnership. Go Christmas shopping – without the crowds 🎁 Read on - https://lnkd.in/evf-zQFi #taxtips #festiveseason #eastlothianladies #eastlothianbusiness

Gifting money or valuable assets this Christmas can make a real difference to the financial wellbeing and security of the whole family. Tax-smart giving moves money across generations – as tax-efficiently as possible. You can pick from cash gifts, gifts to trusts, children’s pensions or Junior ISAs, even helping pay for an upcoming wedding or civil partnership. Go Christmas shopping – without the crowds. #TaxSmart #CashGifts #JuniorISA

Gifting money or valuable assets this Christmas can make a real difference to the financial wellbeing and security of the whole family. Tax-smart giving moves money across generations – as tax-efficiently as possible. You can pick from cash gifts, gifts to trusts, children’s pensions or Junior ISAs, even helping pay for an upcoming wedding or civil partnership. Go Christmas shopping – without the crowds. #TaxSmart #CashGifts #JuniorISA

Are you looking for a tax-efficient way to save for your child's future and pass money across generations? Consider starting a child's pension! As a parent or guardian, you can set it up, and anyone can contribute. Even small contributions now can grow with compounding over time. Read more: https://bit.ly/3yks1Mp #SavingForFuture #StartEarly #ChildrensPensions

Looking for a meaningful gift for your loved ones this Christmas? Consider giving the gift of money or valuable assets to help improve their financial wellbeing. From cash gifts to children's pensions or Junior ISAs, there are various options available. You can even contribute towards an upcoming wedding! By providing financial support, you can help your family members secure their future and achieve their goals. But here's the best part: tax-smart giving not only benefits the recipient but also has advantages for you. By making smart decisions about how you give, you can optimise your own financial situation. If you want to learn more about tax-efficient giving strategies, get in touch with us. We can guide you on the best ways to support your loved ones while maximising your own financial benefits. Telephone: 01442 874888 or email: stringermann@sjpp.co.uk to find out more. Let's make this Christmas merry and tax-savvy! The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested. The levels and bases of taxation, and reliefs from taxation, can change at any time and are generally dependent on individual circumstances. Stringer Mann is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority). SJP Approved 13/11/2024 #Christmas #ChristmasGift #GiftGiving #Family #Tax #ISA

NEW: 2025 retirement contribution limits, including a new special catch-up contribution for workers age 60 to 63. https://lnkd.in/ejHfMw_u

Switching Super Contributions: Sally’s Smart Move Last week, we talked about Sally’s plan to salary sacrifice $51,000 into super, but we hit a snag. CBus super takes 15% contributions tax upfront, meaning $7,650 is gone before her money can even start working for her. 😬 Meanwhile, her spouse’s SMSF doesn’t deduct that tax upfront, letting her contributions keep earning until the fund’s tax return is lodged. So, how do we fix this for Sally? The Solution is Simple: All Sally needs to do is head to her paymaster, fill out a form, and direct all future contributions to the Smith SMSF instead of CBus super. Problem solved, and her retirement savings get a serious boost. Smart moves like this are why SMSFs can be such a powerful tool. Stay tuned this week for more strategies to make the most of your super contributions! #SMSFStrategy #Superannuation #RetirementPlanning #TaxSavings #WealthManagement

Looking for a meaningful gift for your loved ones this Christmas? Consider giving the gift of money or valuable assets to help improve their financial wellbeing. From cash gifts to children's pensions or Junior ISAs, there are various options available. You can even contribute towards an upcoming wedding! By providing financial support, you can help your family members secure their future and achieve their goals. But here's the best part: tax-smart giving not only benefits the recipient but also has advantages for you. By making smart decisions about how you give, you can optimise your own financial situation. If you want to learn more about tax-efficient giving strategies, get in touch with us. We can guide you on the best ways to support your loved ones while maximising your own financial benefits. Telephone: 01442 874888 or email: stringermann@sjpp.co.uk to find out more. Let's make this Christmas merry and tax-savvy! The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested. The levels and bases of taxation, and reliefs from taxation, can change at any time and are generally dependent on individual circumstances. Stringer Mann is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority). SJP Approved 13/11/2024 #Christmas #ChristmasGift #GiftGiving #Family #Tax #ISA