The Money&Co. Inheritance Tax Service is an innovative approach to mitigating Inheritance Tax through Business Relief.By creating a lending vehicle that holds loans from the Money&Co. platform, investors are not required to pay Inheritance Tax on the value of their portfolio, and additionally benefit from a fixed yield of 8% on the loans, before our fee of 1% per annum. Business Relief gives Inheritance Tax exemption on the value of shares in unquoted companies that have been held for at least 2 years and which are involved in a qualifying trade. Lending is a qualifying trade under Business Relief rules.The service is only available to sophisticated and high-net-worth investors and the minimum investment is £150,000.There's more here.
8% Yield Loan - 77% SubscribedThe latest property-backed £250,000 loan from Seascape is going well. This A-rated tranche yields 8 per cent gross, at a fixed rate for five years. It is now more than 77 per cent subscribed. As is the case with earlier tranches of credit, we have used our best efforts to ensure the truth of the assertions made, but cannot warrant their absolute accuracy. Fuller detail is available to logged-in members.
A Process Guide To Innovative Finance ISA InvestmentMoney&Co. lenders have achieved an average return of more than 8 per cent gross (before we deduct our one per cent fee). That figure is the result of almost £15 million of loans facilitated on the site, as we bring individuals looking for a good return on capital together with carefully vetted small companies seeking funds for growth. Bear in mind that lenders' capital is at risk. Read warnings on site before committing capital.All loans on site are eligible to be held in a Money&Co. Innovative Finance Individual Savings Account (IFISA), up to the annual ISA limit of £20,000. Such loans offer lenders tax-free income. Our offering is an Innovative Finance ISA (IFISA) that can hold the peer-to-peer (P2P) business loans that Money&Co. facilitates. For the purposes of this article, the terms ISA and IFISA are interchangeable.So here's our guide to the process:
Risk: Security, Access, YieldDo consider not just the return, but the security and the ease of access to your investment. We write regularly about these three key factors. Here's one of several earlier articles on security, access and yield.