All Office Opening Hours
Mon - Fri: 9am - 5pm
News
-
Wealth Knowledge – April 2021
- 1st April 2021
- Posted by: shayne
- Category: Wealth Knowledge
No CommentsInheritance tax freeze ‘set to grab £985m’ from estates The Treasury expects inheritance tax receipts to soar by almost £1 billion by 2025/26, following the decision to freeze two key thresholds in last month’s Budget. The nil-rate band will continue at £325,000, while the residence nil-rate band remains at £175,000 until April 2026. This means
-
Leaving money to the wrong people
- 1st April 2021
- Posted by: shayne
- Category: Estate Planning
Guarding against accidental inheritance. Soaring house prices around the UK over the last 20 years mean it’s possible to leave a substantial windfall to the people or causes closest to our hearts. But with more people filing for divorce and second or even third marriages becoming increasingly common, family structures are getting ever more complicated.
-
What does the Spring Budget mean for you?
- 31st March 2021
- Posted by: shayne
- Category: Spring Budget
How will the measures affect your finances? More than usual seemed to be at stake for last month’s Budget: we waited with trepidation for further news on the eye-watering economic costs of the pandemic, while still coming to terms with the human cost. Chancellor Rishi Sunak shared his latest insight into the severity of the
-
Spring Budget 2021
- 4th March 2021
- Posted by: shayne
- Category: Spring Budget
Setting out the road to recovery The Chancellor has attempted to strike a balance between continuing to prop up the businesses worst affected by COVID-19, while setting out a roadmap to wean the UK economy off this emergency support. In his second Budget and 14th fiscal announcement since succeeding Sajid Javid in February 2020, Sunak
-
Wealth Knowledge – March 2021
- 4th March 2021
- Posted by: shayne
- Category: Wealth Knowledge
OTS proposal could trigger a spike in pension tax relief bills Higher-rate taxpayers who save into personal pensions and fail to claim extra tax relief could soon have it handed to them automatically under a new proposal. Currently, individuals pay into their personal pension scheme out of their net income, while their pension provider claims
-
Could inflation be about to increase?
- 2nd March 2021
- Posted by: shayne
- Category: Interest Rates
And might it be a problem for you in 2021? We’ve all had enough on our plates over the last 12 months, without having to worry about things like inflation. But a surprise jump in December 2020 caused speculation as to whether it might surge when we properly come out of lockdown. Although it sounds
-
The new state pension and the triple-lock
- 1st March 2021
- Posted by: shayne
- Category: Pension
How much will you receive in 2021/22? At just £175.20 a week in 2020/21 – or £9,110.40 a year – the full new state pension might not be enough for most people to retire on, but it is an important element to consider when planning for your retirement. You might get more or less than
-
Wealth Knowledge – February 2021
- 5th February 2021
- Posted by: shayne
- Category: Wealth Knowledge
Are major tax changes on hold until the autumn? Chancellor Rishi Sunak is expected to shelve plans to introduce tax rises in next month’s Spring Budget, according to reports. The Chancellor will deliver his second Budget on 3 March 2021 and his first since COVID-19 began to engulf the UK last March. Since then, the
-
Is it time to get a pension review?
- 5th February 2021
- Posted by: shayne
- Category: Pension, Retirement
Time to take stock after recent market volatility. Pensions have come a long way in the last 20 years. Innovative products like stakeholder pensions have reduced costs, auto-enrolment has increased accessibility, and self-invested personal pensions (SIPPs) have boosted investment choice. These advances have been tempered by regular tinkering with pension rules by various governments, sometimes
-
Lockdowns fuel spike in divorce rates
- 4th February 2021
- Posted by: shayne
- Category: Separation and Divorce
Financial advice can help with the divorce process. The number of people seeking to divorce their spouses boomed last year, with many couples forced to spend long amounts of time with their partners during various coronavirus restrictions. Indeed, those googling Citizens’ Advice divorce guidance increased sharply since last April, during the first national lockdown, and