Annual Investment Allowance certainty

The Chancellor announced that Annual Investment Allowance will be set permanently at £200,000 from 1 January 2016 providing certainty for businesses. The AIA provides a 100% deduction for the cost of most plant and machinery (not cars)... Read Full Article...

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The family home and IHT

The government has announced the introduction of a new transferrable nil rate band for the family home. The additional band will apply where a residence is passed on death to direct descendants such as a child or... Read Full Article...

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Pension freedoms for those with annuities

The Chancellor has announced a new flexibility for people who have already purchased an annuity. From April 2016, the government will remove the restrictions on buying and selling existing annuities to allow pensioners to sell the income... Read Full Article...

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Mis-sold interest rate hedging products

Following a review of the way some banks sold Interest Rate Hedging Products (IRHP), some businesses are entitled to redress payments. These redress payments are now starting to be made to those businesses which were affected. Mis-sold... Read Full Article...

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Savings band and rate for 2014/15

The Chancellor announced changes to the maximum amount of an eligible individual’s savings income that can qualify for the starting rate of tax for savings. The band will be increased to £5,000 from £2,880, and this starting... Read Full Article...

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Gifts of the financial variety

The best gift you can ever make to your grandchild or grandchildren this festive period will have a longer-lasting impact Your grandchild or grandchildren may want the latest toy or gadget this Christmas, but how about giving... Read Full Article...

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Why it pays to be smart when planning your legacy

Ensure your inheritance goes to loved ones and not the taxman Inheritance tax (IHT) is becoming an issue for an increasing number of people in the UK. None of us likes to entertain the thought of our... Read Full Article...

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Enjoy the time of your life

Have you given full consideration to your long-term pension investment strategy? Retirement planning involves thinking about your plans for the future now – that means investing your money with the aim of maximising its value ready for... Read Full Article...

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The financial impact of long-term absence from work

Do you have a back-up plan in place if you are unable to work? The average Briton spends almost a year (360 days) off sick, a new report unveiled by LV= reveals that. With on average 252... Read Full Article...

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Planning for a comfortable retirement

Do you know how much income to expect when you retire? The vast majority of under-45s with pensions are not aware of the total value of their pension pots or the income they can currently expect to... Read Full Article...

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