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Tax advisor vs. CA vs. IFA

Hi,

I need some help to understand the following:
1) tax implications if any, for gifts from family living abroad
2) property purchase related to the above & mortgage advise
3) financial review - my pensions, exiting mortgage and tax relief

I am not sure who to get advise from. HMRC are too busy to help today as unable to get through to someone on the phone.

Thinking long term, I feel I should employ a professional but which one : a Tax advisor, a Charted accountant or an IFA?

All of them will charge for their services so I want to be most cost efficient as possible and any guidance would be useful.

Thanks

Comments

  • lovinituk
    lovinituk Posts: 5,711 Forumite
    1,000 Posts Combo Breaker
    Speak to an accountant for your tax advice and an IFA for your mortgage/investment advice.

    An IFA might be able to help with the tax advice but its not necessarily their area of expertise. Its unlikely accountants will give you mortgage advice.
  • londonmania
    londonmania Posts: 15 Forumite
    Seventh Anniversary Combo Breaker
    thanks - do you know the best place to search for a CA and IFA and approx costs?
  • AndyT678
    AndyT678 Posts: 757 Forumite
    Part of the Furniture Combo Breaker
    You could start here.

    https://www.unbiased.co.uk
  • lovinituk
    lovinituk Posts: 5,711 Forumite
    1,000 Posts Combo Breaker
    thanks - do you know the best place to search for a CA and IFA and approx costs?
    I'd find someone local you can meet face to face if I was you. Ask around your friends and colleagues for recommendations.
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