Individual Savings Accounts (ISAs) are tax-efficient savings vehicles that allow you to save and invest without having to pay income tax or capital gains tax. They can be a good way for people to start saving or to add to their existing portfolio of savings and investments.
Chancellor of the Exchequer, Philip Hammond, delivered his second Budget to Parliament on 22 November 2017.
In every Budget there are winners and losers and Autumn Budget 2017 was no different. In his keynote speech given to MPs in the Commons, Mr Hammond signalled that he will allocate funds to ‘invest to secure a bright future for Britain’, saying the Budget is about much more than Brexit. Continue reading
Prime Minister Theresa May made history on 29 March as she began the official Brexit process by triggering Article 50 of the LisbonTreaty in a letter to European Council President Donald Tusk.
Occasionally, the UK government amends the rules governing Inheritance Tax (IHT). Differing Governments will often take an alternative view in terms of how tax law should be created and applied. It was announced that there are to be further changes to how IHT applies to non-domiciled individuals – those who are domiciled outside of but have
interests inside the UK. Continue reading
Welcome to 2017! Did you make any resolutions concerning your personal finances last January? If so, how did you do? If it didn’t all go according to plan, now is the perfect time to start again and reassess your position by considering ways to improve your financial well-being for today and your future. Continue reading
People in the UK are living longer than ever before – one in three babies born in 2013 is expected to reach its 100th birthday. That being the case, it is important to plan ahead for your retirement, as the basic State Pension is designed to provide only a minimum amount of income during retirement. Continue reading