AUTUMN BUDGET – October 2024 On Wednesday 30th October 2024, The Chancellor Rachel Reeves delivered the much-anticipated 2024 Budget, marking Labour’s first budget in 14 years and the first ever by a female Chancellor. Here are the main and relevant points with regards to financial planning: Capital Gains Tax Capital Gains Tax (CGT) has
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INFLATION 15TH NOVEMBER 2023 Inflation fell to 4.6% as at end of October from 6.7% at end of September, this as a result of lower food and energy costs. This is the lowest rate of inflation for two years and core inflation, which does not include more volatile prices such as food and energy,
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Economic & Market Outlook – August 2023 The second quarter of 2023 has been a bit of a rollercoaster ride for the financial markets. There has been good news, bad news, and some surprises along the way. Let’s take a look at what happened and what we can expect for the rest of the
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Economic & Market Outlook – May 2023 The year 2023 is expected to be a challenging one for the global economy and financial markets, as the world faces multiple headwinds such as inflation, monetary policy tightening, geopolitical tensions and the ongoing impact of the COVID-19 pandemic. However, there are also some signs of hope
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SPRING BUDGET – March 2023 Following the recent 2023 Spring Budget, please see below a summary of the main financial points: Pensions The Lifetime allowance for pensions is being abolished from April 2024. The current lifetime allowance of £1,073,100 will remain until this date. However, the tax-free cash entitlement will remain at 25%
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Economic & Market Outlook – February 2023 I think many of us will agree, the best thing to say about 2022 is that it’s now over. We experienced a fall of over 20% in global stocks and government and corporate bonds followed suit, and many are saying that it was a ‘perfect’ storm. Not what
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Autumn Statement – November 2022 In November 2022, the UK’s fourth Chancellor in the last three months has delivered the UK’s latest Autumn Statement and whilst it should provide a boost for the Treasury; and the initial reaction from the markets has been positive, the cost, which is huge is being funded primarily by the taxpayer.
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Market Update – September 2022 The last six months have been a challenging time for Global economies and investment fund managers alike. Although Central banks have committed to bring inflation under control, this combined with the inherent risks to the growth outlook has continued to unnerve equity and bond markets. The uncertainty about the outlook
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Market Concerns – February 2022 As I am sure you are aware, tensions have increased between Russia and Ukraine in the last 24 hours following weeks of political manoeuvring, which has seen and global stock markets come under some pressure. Clearly this has been exacerbated following the reported skirmishes and bombings in the region
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Upcoming changes to Buy to Let EPC Rating requirements The Government has announced that they are changing the rules surrounding Energy Performance Certificate (EPC) Ratings on all properties being let out. This is known as the Minimum Energy Efficiency Standard (MEES). Although it sounds harmless enough, a large number of properties in the UK
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