The Autumn Budget
Rishi Sunak has had a good crisis, at least so far. Since March he has been pumping money into the economy at an unprecedented rate. For example, claims under the CJRS had reached over £27.4bn by the start of…
Rishi Sunak has had a good crisis, at least so far. Since March he has been pumping money into the economy at an unprecedented rate. For example, claims under the CJRS had reached over £27.4bn by the start of…
TAX YEAR END PLANNING The run up to the tax year end is a good time to consider tax planning to maximise the use of an individual’s allowances, reliefs and exemptions for the current tax year. Some of these will…
Last year’s general election saw the issue of student loans come to the fore, with the Labour Party saying in its manifesto that it would reintroduce maintenance grants and abolish tuition fees. The estimated cost was £11.2bn a year –…
The residence nil rate band (RNRB) was introduced in April 2017 following a 2015 election pledge by the Conservatives to raise the effective inheritance tax threshold for married couples and civil partners to £1,000,000. As is often the case…
If your company car is due for a change this year or next and you can choose a mix of cash and/or car, be warned. There has been a change in the tax rules on optional remuneration arrangements (OpRA in…
A different kind of tax year end… As we approach the end of another tax year, the planning process is going to be slightly different from other years for two reasons: There will not be a Spring Budget. In 2016 the Chancellor…
Achieving financial security and a desired lifestyle is often a wish but not a reality. As financial planners, we aim to guide clients through their financial obligations and asset acquisition, with an ultimate aim of achieving a positive lifetime cash…
Many investment strategies for children will, or should, involve a trust. Sometimes, there will be an implicit trust that has arisen through the operation of the law (for example, where funds have been paid over to a parent or other…
Student loans were one of the issues that entered the spotlight during the election campaign. The Labour party proposed scrapping new tuition fees and reintroducing maintenance grants instead of maintenance loans. The proposals were by far the most expensive single…
The Spring Budget, the last of its kind, was on 8 March 2017. After a rapid U-turn on increasing national insurance contributions for the self-employed, everything seemed to be on track until Theresa May decided to call a snap election.…