Spring Budget Statement – March 2022

These are rather sombre times for a Chancellor to be announcing his Spring Budget Statement. Whilst the Global Pandemic remains stubbornly amongst us, it is the war in Ukraine that is driving hearts and minds at present. The Chancellor was also keen to confirm that this is partially responsible for our financial position as well.…

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CASH IS NOT KING

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It may feel nice to have cash to hand, but how much is that really costing you? In light of the recent changes made by National Savings and recognising that at present, Banks are literally awash with cash, we thought we would draw your attention to an article we wrote a little while back which…

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What does the Bank of Mum and Dad need to consider?

With the furlough scheme winding down (and finishing at the end of October) and with an increasing number of redundancies being announced, the Bank of Mum and Dad is being asked to step in on a more frequent basis to help their adult children with their financial commitments. Parents are increasingly seeing their children’s debt…

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Don’t forget your digital legacy

When we think about what we will leave behind when we die, the majority of us take an approach that gives little regard to the vast amount of ‘digital assets’ that we hold. We write wills, take out life insurance policies, plan our funerals and arrange to leave money/assets to those that we care about.…

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Focus on the escalator, not the yo-yo

We came across a nice analogy recently, which referred to the stock market being like someone playing with a yo-yo whilst riding the up escalator. In this situation, what matters most is the importance of focusing on the escalator and not the yo-yo. To continue the analogy, you do of course need to know that…

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Things to do during the stay home period

As UK lockdown measures are still in force, and you may  find yourself with some available downtime during this period, it may be a worthwhile exercise to put your basic wealth planning “house in order” with the help of the simple checklist below. The list is not extensive and not all will be relevant to…

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Spring Budget March 2020

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Key Points for Savers & Investors Income tax Personal Allowance remains unchanged at £12,500. The threshold above which higher earners start paying 40% tax is also unchanged at £50,000. They are due to increase in line with Consumer Price Index (CPI) in future years. Pension changes Standard lifetime allowance The standard lifetime allowance for pensions…

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Pre Budget comment – February 2020

Harold Wilson once stated that ‘a week is a long time in politics’, and this has been highlighted clearly recently. The first draft of this article is now in the bin, as it discussed the thoughts and expectations of the first ever Budget delivered by the Chancellor, Sajid Javid, promising an ‘infrastructure revolution’. However, after…

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We live in interesting times. But let us worry about that….

We have had a new Prime Minster for only a matter of weeks and Mr Johnson has already polarised opinion nearly as much as the topic that has been front and centre of the nation’s thoughts since David Cameron announced the Referendum back in 2016. ‘Brexit’ has become such a familiar term that it has…

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Autumn Budget 2018 – Key Points for Savers & Investors

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Autumn Budget 2018: Key Points for Savers & Investors Income tax Personal Allowance will be increased to £12,500 on 6 April 2019 for the 2019-2020 tax year. The threshold above which higher earners start paying 40% tax is being increased to £50,000. These allowances will remain the same for 2020/21 and then increase in line…

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