Annual Investment Allowance certainty
Posted on Sunday, July 19th, 2015
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...
The family home and IHT
Posted on Sunday, July 19th, 2015
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...
Pension freedoms for those with annuities
Posted on Monday, June 1st, 2015
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...
Mis-sold interest rate hedging products
Posted on Wednesday, November 5th, 2014
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...
Savings band and rate for 2014/15
Posted on Friday, May 16th, 2014
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...
Gifts of the financial variety
Posted on Monday, November 11th, 2013
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...
Why it pays to be smart when planning your legacy
Posted on Monday, November 11th, 2013
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...
No Comments on Why it pays to be smart when planning your legacy
Enjoy the time of your life
Posted on Monday, November 11th, 2013
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...
The financial impact of long-term absence from work
Posted on Monday, November 11th, 2013
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...
No Comments on The financial impact of long-term absence from work
Planning for a comfortable retirement
Posted on Monday, November 11th, 2013
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...