The pound railed 1.1% against the dollar last Thursday after a tweet! Yes, the markets are reacting to tweets now as well as statements. This tweet was quite an important…Read More...
One of the biggest bug-bears that employees raise during the regular meetings we hold at client companies is the difficulty of tracking down and understanding the values of old pensions,…Read More...
We all love tax efficient savings and tend to make best use of them. One of the main benefits of pensions is the tax relief that is added to premiums…Read More...
Recently the HMRC has lost an appeal over business property relief (BPR) after attempting to overturn a previous ruling. Business property relief provides relief from inheritance tax on the transfer…Read More...
The expression ‘we’re all living longer’ is much banded about on a daily basis, but possibly to the extent that we don’t really think about what it means in reality…?…Read More...
Annual Investment Allowance increased for 2 year period (01/01/2019 to 31/12/2020) to £1 million on qualifying assets Entrepreneur’s Relief remains, but with extension to minimum qualifying period from 12 to…Read More...
Lifetime Allowance to rise to £1,055,000 Full State Pension to increase to £168.60 per week No stated changes to annual allowance or carry forward rules No stated changes to…Read More...
Personal Allowance to rise to £12,500 Higher Rate income tax threshold to rise to £50,000 Employee National Insurance to be paid at 12% on annual salary between £8,632…Read More...
Adult ISA allowance to remain at £20,000 for 2019/20 Junior ISA allowance to rise in line with CPI to £4,368 for 2019/20 Lifetime ISA subscription limit to remain at…Read More...
“A Budget for hard-working families…” Philip Hammond, the Chancellor of the Exchequer, delivered a Budget which he declared "shows the British people that their hard work is paying off". Mr…Read More...