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HomeNews2020March

2020 March

  • Tax card 2020/21

    • 31st March 2020
    • Posted by: shayne
    • Category: Tax
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    Tax card 2020/21 Income tax allowances   2020/21 2019/20 Personal allowance* £12,500 £12,500 Personal savings allowance ·       Basic-rate taxpayer ·       Higher-rate taxpayer ·       Additional-rate taxpayer   £1,000 £500 £0   £1,000 £500 £0 Dividend allowance at 0% £2,000 £2,000 Marriage/civil partner transferable allowance** £1,250 £1,250 Trading/property allowance*** £1,000 £1,000 Rent-a-room allowance £7,500 £7,500 Blind person’s

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  • Spring Budget 2020

    • 13th March 2020
    • Posted by: shayne
    • Category: News, Spring Budget
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    Biggest spending spree in 28 years “Getting it done” is the soundbite Chancellor Rishi Sunak clearly wanted us to take away from his debut Budget speech, but “giving it away” might be more accurate. The Government’s substantial majority gave Sunak carte blanche to overhaul taxes but, in the end, there were relatively few substantial changes.

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  • Wealth Knowledge – March 2020

    • 8th March 2020
    • Posted by: shayne
    • Category: Wealth Knowledge
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    Most people are unsure how much is in their retirement savings Most employees do not know the current size of their pension pots, a study has found. Opinium polled 983 workers on behalf of the Pension and Lifetime Savings Association (PLSA) and found 54% did not keep track of their retirement savings. Knowledge levels among

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  • Can you afford to live to 100?

    • 7th March 2020
    • Posted by: shayne
    • Category: Retirement
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    Can you afford to live to 100? Increasing longevity equates to longer retirement. Going back 30 or 40 years, retiring at the age of 65 and living off of your state pension for the rest of your life was doable. Mind you, life expectancy was much lower in the 1980s. For example in 1988, the

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  • Buy-to-let: is it still worth it?

    • 5th March 2020
    • Posted by: shayne
    • Category: Home Buying, Investment
    No Comments

    Buy-to-let: is it still worth it? Weighing up the effects of landlord tax changes. Since the mid-2000s, the UK private-rented sector has seen a huge surge in growth, with 2.8 million households in 2007 rising to 4.5m in 2017, according to the Office for National Statistics. With low interest rates discouraging cash saving, and rising

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