Entier Associates Members

Wealth Matters has been working with professional contractors for over 8 years. Together with company directors, entrepreneurs, barristers and accountants, Wealth Matters specialises in working with contractors. We understand the issues that contractors face, including: fluctuating income, uncertainty of future contracts, IR35 issues, pension contributions, tax implications, and absence of sick pay (income protection), life insurance, critical illness insurance and private medical cover.

Many contractors set up a limited company, and so it is important to understand how best to minimise your income tax, corporation tax and capital gains tax. We can show you how to extract monies from your business tax efficiently and together with a good accountant, we can advise you as to what salary, dividends, and pension contributions you should pay your self, whilst maintaining cash flow within your business.

We can assist you with the following questions:

Q: How do you decide what salary to pay yourself?
Q: How often should you draw dividends?
Q: Do you include your wife as a share holder? What are the implications of this?
Q: Should you pay personal pension contributions or from your business?
Q: How much can you pay into a pension?
Q: Can you include dividends as a form of remuneration for mortgage planning?

Financial planning is ultimately just about formulating a meaningful ‘plan’ to help you meet your financial goals. This could be retiring early, or working less, saving a specific sum or over-paying your mortgage. Wealth Matters can assist in all areas of finance and give advice on: pension planning, savings and investments, inheritance tax planning, protection and all types of mortgage product.

We believe in holistic financial planning, because best advice cannot be given in isolation. For this reason, we would tend to conduct a full financial review of your current circumstances, then discuss your financial goals and finally compose a meaningful, personalised financial plan to help meet these goals. Often this requires the use of sophisticated products, such as self invested personal pensions (SIPPs), the use of a WRAP Platform, flexible mortgages, off-shore planning, and clever inheritance tax planning. Only when you have this review can you make conscious decisions as to how to move forward. Wealth Matters believes in on-going advice and building relationships with our clients, because nothing stays static - tax rules change, the markets change, products change and so it is crucial to work with an financial planner who adapts with these changes.

Entier Associates Members Benefits

Wealth Matters offers special discounts for Entier Members. The more business done, the greater the discount. This includes a free first appointment (ideally at the Wealth Matters head office) or at your home (if within a 50 mile radius) which is 1-2 hours.

One Entier Associates member we have worked with since early 2007 is Laurence Dale, who comments that:

“I engaged with Wealth Matters to review my personal and family financial situation. Having moved into IT Contracting some years before and not properly catered for personal financial matters in a holistic manner i.e. inconsistency in IFAs, brokers and providers I felt the need for a one-stop-shop for all our investment, insurance and future wealth planning needs.

Paul Cleworth met with my partner and I at our home and we covered a comprehensive range of products and services that introduced a particularly new and innovative investment vehicle that permits flexibility for both my personal and company pension investments – resulting in tax efficient pension contributions and also allowing personal selection of individual components. In addition, a full personal finances review was conducted to baseline our position and permit the annual review to show progress. Overall we are now in a better insurance, tax and investment position with knowledge that we can call on Wealth Matters for other financial advice and products such as mortgages at any time.

I have had no hesitation in recommending Wealth Matters’ services to friends, family and associates given their excellent service, enthusiasm for addressing your financial needs and professional manner in which they see through requests.“

For further information on financial planning advice please call Wealth Matters on 01582 720511 or email info@wealth-matters.co.uk

Click here to view the IT Contractors Case Study

....because Wealth Matters

The Financial Services Authority does not regulate Will writing, school fees planning, taxation and trust advice, and some aspects of buy to let mortgages, overseas mortgages and commercial mortgages.