Newsletter

As we approach the end of the 2016-17 tax year on 5th April, it's important to review your personal tax allowances and finances in general.   Pension Contributions The maximum pension contribution on which tax relief can be claimed in any one year is £40,000, but if income...

The writing on the wall HM Treasury has issued a new factsheet titled “Ways to save in 2017”, which describes Premium Bonds and the various forms of ISA but omits any reference to pensions. A similar factsheet issued in 2016 contained no such omission, and this has...

Theresa May's Brexit in seven sentences. 1) For the first time since Britain voted to leave the EU, Prime Minister Theresa May has outlined what kind of UK she'll be arguing for during negotiations with Brexit officials in Europe. 2) She sees the UK becoming an "equal"...

Executors’ dilemma Executors are responsible for paying inheritance tax which is due on the estates which they administer, but the necessary funds cannot be released from the estate until probate has been granted, and this will not happen until inheritance tax has been paid. So, how best...

The British public’s vote to leave the European Union seems to have hit business confidence in the UK. The Bank of England (BoE) Agents’ Summary of Business Conditions August 2016 update indicates the result of the referendum ‘would have a negative effect, overall, on capital...