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  • Planning to sell or pass on a business

    • 1st April 2020
    • Posted by: shayne
    • Category: Business
    No Comments

    Planning to sell or pass on a business When is the right time to start planning? Even if retirement is decades away, it is never too early to start considering your exit plan from your business. There are plenty of potential minefields and complexities to consider. So the sooner you start thinking about exiting your

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  • Tax card 2020/21

    • 31st March 2020
    • Posted by: shayne
    • Category: Tax
    No Comments

    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
    No Comments

    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
    No Comments

    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
    No Comments

    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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  • Wealth Knowledge February 2020

    • 7th February 2020
    • Posted by: shayne
    • Category: Wealth Knowledge
    No Comments

    11,000 retirees set to be worse off when state pension boost ends Thousands of retirees face being more than £3,500 worse off in retirement from April, when extra payments to adult dependants come to an end. The adult dependency increase is usually paid to a spouse or civil partner who is below state pension age

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  • The importance of drafting a valid will

    • 7th February 2020
    • Posted by: shayne
    • Category: Estate Planning, Wills
    No Comments

    The importance of drafting a valid will Choosing how your estate is managed after you die. Writing a will is one of the most important things you can do to protect your family’s financial future. It gives you choice and control over the way your estate will be handled after you die, allowing you to

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  • Long-term saving options for children

    • 6th February 2020
    • Posted by: shayne
    • Category: Savings & ISAs
    No Comments

    Long-term saving options for children Tax-efficient ways to prepare for the future. For wealthy parents and grandparents who want to financially assist younger generations, building a nest egg on their behalf can go a long way. It can also potentially reduce the value of your estate for inheritance tax purposes, making saving for a child

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  • Year-End Tax Guide 2019/20

    • 20th January 2020
    • Posted by: shayne
    • Category: Year End Tax Guide
    No Comments

    Year-End Tax Guide 2019/20 How to use this tax guide The last few months of the tax year are the ideal time to pause and reflect, and to make sure you’ve organised your finances as efficiently as possible before the new tax year begins on 6 April 2020. It’s important to consider this from every

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