Dec 30, 2021 | Newsletter
In the 2015 budget, the Chancellor announced, “the end of the tax return”! Further announcements set out a timetable for digitalising income tax, Corporation Tax and VAT returns. Following consultation, the implementation for income tax and corporation tax...
Dec 28, 2021 | Newsletter
NS&I last week announced an increase to the interest rate on its Income Bonds, with the rise coming into effect on the same day. Previously standing at 0.01 percent gross/AER, Income Bonds will rise by 0.14% It means that, as of Thursday November 18, NS&I...
Dec 26, 2021 | Newsletter
For the past decade, some commentators have said that a way of beating inflation is to put your money in an equity income investment trust. They may not offer shoot the lights out performance, but investment trusts dedicated to dividends have provided a comfortable...
Dec 24, 2021 | Newsletter
This week marks the 10 year anniversary of the Junior ISA, which may lead some parents to reflect on whether the tax free savings account has led to some meaningful returns. Three fifths of Junior ISAs are held in cash, according to research by F&C Investment...
Dec 22, 2021 | Newsletter
Inheritance Tax is a tax on the property, money and possessions of someone who’s died and, after the Chancellor froze the threshold at which people pay it in his 2021 Spring Budget, concerns were growing that he was getting ready to make further changes to pay for the...
Dec 20, 2021 | Newsletter
If you read the headlines, you’ve probably seen a lot of people fret that inflation is a big problem for the U.K economy right now. But will it actually end up being a big problem for you? The truth is it all depends on what you spend your money on. The official...
Dec 18, 2021 | Newsletter
Findings of recent surveys show that consumer sentiment has dipped in recent weeks after the outbreak of euphoria when lockdowns were lifted and consumers could once again visit pubs and clothes shops. The Bank of England has noticed too. When Andrew Bailey, the...
Dec 16, 2021 | Newsletter
Millions of savers will be blocked from transferring their pensions to access them at age 55 after the Treasury closed a loophole. HM Treasury has clamped down on pension transfers in advance of a planned increase to the minimum age at which savers can access their...
Dec 14, 2021 | Newsletter
So far, the big message from the Glasgow climate conference is the role of finance in decarbonising the global economy. But economic experts have warned that it is a dangerous development in some respects. In his speech to COP 26 last week, the Chancellor, Rishi...
Dec 12, 2021 | Newsletter
Mortgage borrowers’ chances of securing an ultra-cheap deal narrowed in spite of a decision by the Bank of England to hold interest rates at 0.1%, as banks and building societies raised interest rates across their fixed-rate home loans. The central bank’s decision...
