Templar Financial Associates Ltd
135 Somerford Road,
Deposits may be held in:
Commercial banks, Building societies and ISAs
National Savings and Investments have a number of different instruments*:
Asset-backed investments can be held in:
Potential capital gains tax on realised gains when shares sold. Dividends related to profitability. Issued by companies to raise money.
No capital gains tax on realised gains when Gilts mature. Gilts can be index linked. Full nominal value repaid at redemption date. Interest liable for tax. Fixed rate of interest or coupon and government guaranteed.
Potential for capital gains tax and liable for income tax. Income can be distributed or re-invested. Units priced on the basis of the value of the underlying investments. Professional fund management. Broad spread for greater security. Medium to long-term investments in stocks and shares. Investors’ money pooled to form large funds.
The overall limit for a Cash ISA is now £20,000 with the ability to transfer Stocks and Shares ISAs into a Cash ISA and vice versa.
Stocks and Shares ISA
Investors do not pay any personal tax on income or gains, but ISAs do pay tax on income from stocks and shares within the funds.
With a Stocks and Shares ISA you can invest the full £20,000 per year, The Stocks and Shares ISA must include a stocks and shares element. The overall limit at which you can invest in a Stocks and Shares ISA has been raised to £20,000 per year.
Tessa Only ISA
Anyone who held Tessas will have previously converted these to TOISAs, these are no longer available and have been replaced by ISAs.
Pooled investments run by limited companies. Medium to long-term investments. Professionally managed. Income and gains liable to tax. Stock market determines the price so shares can trade at a discount or a premium to the underlying asset value. The funds are ‘closed-ended’
Open ended investment companies (OEICs)
Pooled investments run by limited companies. Medium to long term investments. Professionally managed. Income and gains liable to tax. Single pricing based on the net asset value. Charges expressed separately. The funds are ‘open-ended’
Single premium (i.e. lump sum investment). Non qualifying life assurance policy. Medium to long-term investments. With profit or unit-linked. Withdrawals possible. No personal liability for basic rate Income Tax or Capital Gains Tax. Withdrawals may trigger a liability to higher rates of tax or the loss of age allowance for the over 65s.
*These products and services are not regulated by the Financial Conduct Authority (FCA).
Equity based investments do not afford the same capital security as a deposit account.
The levels, bases and reliefs from taxation are subject to the individual circumstances of the investor and may be subject to change.
The FCA does not regulate taxation
"I approached Templar Financial Associates as I had a lump sum of money and required a general financial review. They evaluated my requirements and situation and gave me recommendations. Then identified a suitable fund and plan of action. I feel confidence that my money is effectively deployed."