Newsletter

The work/ life balance An American reporter, visiting the Soviet Union after the Russian Revolution in 1919, wrote “I have seen the future and it works”. The Calvinist Chancellor and Prime Minister Gordon Brown adapted the quotation to his own view of life, saying “I have...

The march of the robots Most people’s perception of a robot is a replica of a human being on the lines of Star Wars’ R2-D2. But the reality is rather different. Robotics – the name given to this field of development – has been defined as “a...

Hammond favours pensions The previous Chancellor, George Osborne, reduced the annual and lifetime allowances for pension savings and at the same time increased the allowance for Individual Savings Accounts (‘ISAs’). This led many to assume that he intended that in the long term ISAs should become...

A politically safe budget Having been rebuffed by younger voters in the June general election, the Government is understandably concerned to be seen to be addressing their needs, and this was reflected in the Chancellor’s November Budget announcements. Of particular concern has been the difficulty young people...

Budget 2017 On the 22nd November 2017, Philip Hammond gave his first Autumn Budget Statement. A summary is given below and surprisingly, there was no shock pension content on this occasion. If you would like to see the Budget in detail, click here: https://www.gov.uk/government/topical-events/autumn-budget-2017 Brexit  £3bn set aside...

Automating tax returns HM Revenue & Customs is launching a new simplified system for calculating tax bills, which will result in thousands of taxpayers being relieved of the chore of filling out tax returns. Taxpayers affected by the change will receive letters saying that in future their...

Firstly, apologies for the lack of a September newsletter. Holidays and high days got in the way! Any way, here's an interesting set of articles for our october newsletter: Power of Attorney or Deputy? A retired judge has suggested that people wishing to appoint others to look...

The UK population increases The Office for National Statistics revealed recently that the UK population is rising at its fastest rate for more than 70 years. At the end of June 2016 the population stood at 65.6 million people, which represented an increase of half a...