National Insurance and Dividend Tax Increases – April 2022

In September 2021, the Government decided that it required further income to fund increased health and social care costs. Therefore, they confirmed that certain national insurance contributions (NICs) paid by both employed and self-employed workers will rise by 1.25% from April 2022. This will then be amended slightly in 2023, when the new ‘health and…

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Who will Pay the Bill for Covid-19?

Thanks to the ‘fall out’ from Covid-19, Government borrowing is at its highest level since the Second World War. Whilst this is understandable in the circumstances, we have to accept that this debt has to be addressed. The recent announcement concerning increasing National Insurance Rates to cover some of the shortfall in NHS and Social…

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Important changes to Pension Legislation (that may affect you)

At EBS, we continue to highlight the benefits of pension savings, in all its forms. Personal Pension based schemes continue to benefit from some very favourable legislation, which make them one of the most flexible and tax efficient investment ‘wrappers’ available. However, there have been some recent changes that you may not have noticed and…

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Protection Matters

Recognising the benefits and understanding the options available When you purchase travel insurance or breakdown cover, you understand that when you claim on it, it won’t directly replace what you have lost. The plane will still be delayed, the car will still have broken down. The aim of the insurance is to provide you with…

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Responsible Investing and ESG

Asset managers and their clients are increasingly incorporating environmental, social and governance considerations – collectively known as ESG – into their investment decisions. This reflects the spectacular rise of responsible investing – an investment ethos that delivers benefits beyond the bottom line and recognises that modern-day investment should be a matter of long-term ownership and…

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Spring Budget 2021: Key Points for Savers & Investors

Income tax The Personal Allowance increases to £12,570 from the 6th April and the threshold above which higher earners start paying 40% tax also increases, to £50,270. However, these allowances will then be frozen until April 2026. Pension changes Standard Lifetime Allowance The standard Lifetime Allowance for pensions will remain at £1,073,100. This has also…

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Personal Allowance Tax Trap

With the Budget due on 11th March and the UK having a majority Government for the first time in many years, people are starting to look at some of the anomalies in the tax system and wondering if now is a time when things may change. Whilst most people accept that paying tax is a…

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Is it the start of the end for Buy to Let?

For many years investment into buy to let property has generated very good returns as the housing market has risen inexorably and this has clearly attracted many people. However, are we now beginning to see the end in sight for this type of investment? There is clearly a housing shortage and in order to help…

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A chance to make a difference as the new Tax Year arrives

The new Tax Year is upon us and we have a few allowance changes to consider, not least the continued tapering of the Residence Nil Rate Band. This was introduced in 2017, honouring a key commitment in the Tory Manifesto back in 2015 to improve the opportunity of leaving the family home to your children in your will…

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Timing the Market or Time in the Market

Until such time as an investment proposition is created that has all the potential performance of stock market related funds but with the downside risk of a Building Society account, we have to accept that fluctuating stock markets are part and parcel of medium to long-term investing. Whilst market downside volatility creates unease, it is…

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