Turkington Davis - Wealth Architects

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Make smarter decisions with your money. No hype. Just practical stuff about finance. Simple ideas to help make sense of it all.
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We help people turn today’s work into lasting wealth - through clear financial planning, smart protection, strategic mortgages, and property investment. Mortgages • Pensions • Investments • Protection • Business Wealth Review • CasaCo Property. Based in Belfast • Serving clients across the UK & Northern Ireland. Founded by Wealth Architect Nick Turkington.

29/10/2026

The Budget's landed. 3 changes worth knowing if you run a business 👇

1. Selling the business: the Business Asset Disposal Relief limit halves to £500,000 from April 2027.
2. Money in your own name: tax on savings and property income rises a further 2 points from April 2027, to 24%, 44% and 49%.
3. Paying yourself: no change to dividend tax rates.

Most of it starts in April 2027.
That's time to plan, not panic.

A good plan should absorb a Budget, not be rebuilt by one.

Save this for your next review.

Source: HM Treasury, Budget 2026, 28 October 2026.

The benefits to the treatment of tax will depend on your individual circumstances and may be subject to change in future.

23/09/2026

The Autumn Budget is confirmed for Wed 28 Oct 2026 -
Chancellor John Healey's 1st, under Prime Minister Andy Burnham.

Here's what we're telling clients right now: not much, yet.

Speculation is already building around

- CGT,
- Pensions,
- Inheritance tax
and more.

With a new Chancellor and a confirmed date, that noise is only going to get louder over the next few weeks.

It's tempting to want to act now, ahead of anything being confirmed.

In our experience, that rarely ends well - plans built around guesses about a Budget regularly need unwinding once the real detail lands.

Our approach stays the same regardless of what's speculated:

know where you stand today,
watch the announcements as they come,
and revisit the plan properly once the actual detail is known.

Adjust if it's genuinely needed - not before.

Source: Autumn Budget date confirmed by HM Treasury, 31 July 2026.

The benefits to the treatment of tax will depend on your individual circumstances and may be subject to change in future.

21/09/2026

The confidence that built your business might be the same thing stopping you from planning what comes after it.

The instincts that make a good business owner

back yourself,
work it out,
keep going without waiting for permission

Are often exactly why the personal side of the plan gets left behind.

The business gets built.

What it's building towards for the owner, personally, often doesn't get the same attention.

That's usually the gap we help close.

03/09/2026

Company directors: struggling to get a mortgage?

You're not imagining it.

Lenders don't always assess business owners the way they assess salaried employees,
and that catches a lot of people out.

A few of the things that actually matter:

- Whether the lender considers retained profit or dividends and not just salary,
- How many years of trading history you have,
- Whether your net profit has dipped in any recent year (even for a good reason),
- How your accountant has presented the figures,
and whether the lender you've approached is genuinely set up to understand a limited company director's income at all.

None of that means it's harder to get a mortgage as a business owner.

It means it's worth going in prepared - and with the right lender for how your business is actually structured.

Your home may be repossessed if you do not keep up repayments on your mortgage.

02/09/2026

Nearly 6 in 10 people who acted on financial advice from social media ended up regretting it - That’s a lot !

New research from TSB,

- surveying almost 2,000 UK adults,
- found that 32% had acted on financial advice seen on social media platforms in the past year.

Of that group,

- 56% lost money as a result
- an average loss of almost £700
- and 59% said they regretted acting on it.

Over half also said they weren't confident they could tell when financial content had been generated by AI.

None of that is surprising, exactly.

Social media is a genuinely good place to get curious about money.

- to notice a question worth asking,
- or a topic worth understanding better.

It’s a much riskier place to actually act, particularly on anything specific to your own situation, where a generic post can't account for what's actually true for you.

Curiosity is a good starting point.

It's not a substitute for a plan built around your own numbers.

Source: TSB research, August 2026

This information is for general guidance only and does not constitute personal financial advice.

31/08/2026

For many business owners, the goal isn't to stop working.
It's to have the choice.

For many business owners we work with,

The real objective - is not necessarily walking away from what they've built,

But not being financially forced to stay either.

This information is for general guidance only and does not constitute personal financial advice.

30/08/2026

What happens to your income when you stop working?

Do you have a plan for your future income?

For most of your working life, income has one source: work.

At some point that changes, whether by choice or circumstance.

Pensions are usually the first place people look, but they're rarely the only answer.

Investments and savings outside a pension can bridge gaps a pension alone won't cover.

Property income, structured properly, can play a role too.

And for business owners, the business itself is often assumed to be 'the plan' - it rarely is on its own.

The honest answer for most people right now is that it isn't fully mapped out yet.

A good starting point is understanding:

where you are today,
what your future income number is and
what your money actually needs to do next to get you there.”

DM me if you would like a plan of your own.

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

27/08/2026

From April 2027, Your pension may no longer sit outside your estate.
A few things worth knowing about it

Finance Act 2026 received Royal Assent in March,

Confirming a change that's been in the pipeline since the 2024 Budget.

From 6 April 2027, most unused pension funds and death benefits will be brought into the value of a person's estate for inheritance tax purposes.

Ending the long-standing position that pensions generally sit outside it.

A few things worth knowing.

1. Exemptions remain for a surviving spouse or civil partner, and for registered charities.

2. Death-in-service benefits stay excluded.

3. And it's executors, not pension providers, who'll be responsible for reporting and paying any tax due.

The government's own estimate is that of roughly 213,000 estates with pension wealth in 2027–28,

Around 10,500 will face a new IHT charge,

And a further 38,500 will pay more than they would have under the current rules.

If pensions have been a core part of how you've planned to pass on wealth, this is worth reviewing properly - there's time before 2027, but less than it might feel like.

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested. The benefits to the treatment of tax will depend on your individual circumstances and may be subject to change in future.

Source: GOV. UK, Finance Act 2026"

24/08/2026

Your business creates today's income.

Your assets need to create tomorrow's.

It's a simple idea,

But it's the 1 most joined-up financial planning comes back to

Not just what the business generates now,

But what's actually being built outside it to produce income later,

Whether or not the business is still doing the heavy lifting.

The value of investments and the income they produce can fall as well as rise. You may get back less than your invested.

22/08/2026

Your business may be profitable.

But are you personally wealthy?

A successful business can still leave the owner
financially dependent on one source of income

The business itself.

A few signs worth checking:

- Most of your net worth sits inside the business, not outside it.

- You couldn't take a year off without it directly hitting your income.

- Pension and investment contributions have taken a back seat while the business grows.

- You’ve never really worked out what the business would need to be worth to fund your retirement.

- “I'll sort my own finances once the business is more settled" has been true for a few years now.

None of this means anything's gone wrong.

It just means it might be worth looking at what future income looks like outside the business too.

The value of pensions and investments and the income they produce can fall as well as rise. you may get back less then you invested.
This information is for general guidance only and does not constitute personal financial advice.

Address

11 Stranmillis Road
Belfast
BT95AF

Telephone

+447822012996

Website

https://www.turkingtondavis.co.uk/

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