These can be created by investment in forests which soak up carbon dioxide from the atmosphere.MTM has launched a tax-efficient investment which profits from this arrangement. This is how it works. MTM will use a leading scientific authority on forestry management to identify deforested land suitable for planting trees which give the highest carbon yield. Independently, an environmental lender will offer loans of up to 80 per cent of the amount invested. It is expected that at least 90 per cent of the investment will be available for trading loss relief, resulting in first-year tax savings of 36,000 compared with a net investment of 20,000, assuming an 80,000 loan. The benefit in 2009 from selling the future value of income from carbon credits and forestry could give a return of around 450,000. After the loan is repaid, this would amount to a taxable profit of about 360,000. With the climate levy tax set at 40 per tonne and carbon credits trading at up to 30 per tonne, it is easy to see why polluters would rather acquire credits than pay the tax. In a short article, it is difficult to explain all the advantages and risks so it is wise to seek further information from Martin King at firstname.lastname@example.org.
A monogamous relationship with a specialist mandate can force managers to bypass pot- entially lucrative opportunities.
Pre-owned asset tax Scottish Equitable International technical manager Margaret Jago warns on spouse-alienation plans
Bridgewater Equity Release is launching a flexible reversion plan that enables homeowners to phase the income they draw from their property. Homeowners can take from 25 per cent upwards initially and draw the balance as required up to100 per cent, so gaining from any house prise inflation. Alternatively Bridgewater will take a fixed percentage of […]
Barry Norris and Oliver Russ have grown Britannic’s Argonaut European alpha fund by 21 per cent in their first three months and plan a November launch for their equity income product. Since joining Britannic from Neptune in May, the pair have kept the fund 7 per cent ahead of the MSCI European index and won […]
By Kunal Desai, Manager of Neptune India Fund Kunal Desai recently celebrated his third anniversary as manager of the Neptune India Fund. Kunal has built a strong track record of outperformance since he assumed responsibility for the Fund, delivering a return of 30.3 per cent ompared to the MSCI India Index gain of just 14.0 […]
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Norway’s central bank Norges Bank now holds a 3.1 per cent stake in St James’s Place after the completion of a transaction deal last Friday. As part of its transaction with SJP, Norges Bank’s total number of voting rights will be 529,080,404. SJP posted record gross inflows of £14.6bn in year-end results released last month, […]
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Miton multi-asset star managers David Jane and Anthony Rayner were keen to emphasise pragmatism when launching their new fund earlier this year. The Balanced Multi-Asset fund completes a four-strong range for the team, sitting alongside its Cautious and Defensive Multi-Asset and Cautious Monthly Income vehicles. The fund launched with a 10 per cent cash position. […]