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Category: Market commentary & Uncategorized
Introduction
November brought us the Chancellor’s Autumn Statement and Spending Review in the UK – and rather more tragic events abroad. Friday November 13th saw the massacre in Paris, which was inevitably followed by an escalation in the bombing of ISIS in Syria.
Category: Autumn Statement & financial planning & Uncategorized
According to George Osborne’s Autumn Statement and Spending Review, we all look set to face a galvanised HMRC, with an increased war chest for tackling tax evasion and avoidance. The Chancellor believes £5bn of additional revenue is expected to be raised by his new range of initiatives. Measures are planned to introduce new penalties for the General Anti-Abuse Rule (GAAR) and disguised remuneration schemes.
Category: Annual Allowance & pensions & Uncategorized
The government announced on 8 July 2015, that for 2016 to 2017 onwards the annual allowance for tax relieved pension savings will be reduced for those with incomes of over ÂŁ150,000. Their annual allowance will be reduced by ÂŁ1 for every ÂŁ2 of income they have over ÂŁ150,000, with a maximum reduction of ÂŁ30,000.
Category: Investments & pensions & Uncategorized
Self-Invested Personal Pensions (SIPPs) are designed to give you greater control over your retirement savings. With a SIPP you can choose from a wide range of high quality investments, manage them for yourself and consolidate your existing pensions in one place. A SIPP is different to other pension saving forms and can give you more control over your pension through a provider with a wide range of funds and the flexibility to manage your own investments.
Category: Budget & Cashflow & financial planning & Uncategorized
Introduction
Just over four months ago, George Osborne delivered his second Budget of 2015, following the Conservative Party’s outright victory in the May general election. At that moment, the view from 11, Downing Street must have looked remarkably pleasant. Osborne’s handling of the economy was widely credited with playing a large – if not pivotal – part in the election victory. Boris Johnson and Theresa May, the Chancellor’s two main rivals in the race to succeed David Cameron, were both listing badly – albeit they hadn’t quite run aground.
Category: Care & Financial Planning for individuals/families & Uncategorized
If you need help with everyday tasks, your local authority has a legal duty to carry out an assessment to find out what help you need. Many people are put off by the idea of an assessment, but it’s not something you should worry about. A care needs assessment is simply a straightforward way of working out your individual care needs so that your local authority or trust can decide the best way to help you.
