As a new tax year rolls around, you should note that there are quite a few changes to the allowances you can claim to help improve the tax efficiency of your financial affairs. Of course, to our clients we are on hand to advise about these and ensure that in combination they work to the
Read MoreWhen George Osborne delivered his Budget to Parliament recently, he made it clear that the overall aim was to reward work and support growth. To achieve this, several measures were introduced that may affect you, which are outlined below: PENSIONS Pension Funding Pension funding remained relatively untouched by this budget. The annual allowance remains £50,000
Read MoreIncome Drawdown (also known as an unsecured pension) allows you to take income from your pension fund while the fund remains invested and continues to benefit from any fund growth. There is no minimum amount of income that must be drawn, irrespective of age. This means that you may be able to leave your pension
Read MoreYou know the time, when you would rather be doing anything else than attending to those boring financial matters. It’s normal to have a ‘head in the sand’ over matters financial. We all experience this to a lesser or greater extent. However, the chances are if you are reading this blog that you are already
Read MoreToo often people leave their tax planning to 4th April, which limits their options for keeping hard-earned cash out of the taxman’s clutches. Instead, make this new tax year the year you take control and plan ahead to make sure you make the right choices. Sensible plans Each tax year, there are a number of
Read MoreChancellor nails his colours to the mast George Osborne’s second Budget focused on measures to boost entrepreneurship and support businesses in the UK but he had less welcome news for the country’s banks and oil and gas companies Delivering his second Budget in less than a year, Chancellor of the Exchequer George Osborne admitted economic
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