Call us on: 01924 566010

Uk Tag

Home > Posts tagged "Uk"

The long-term outlook for government finances suggests tax increases are inevitable. The Office for Budget Responsibility (OBR) produces medium-term financial forecasts alongside the Budget and Spring Statement, but that is not its only task. It is also required to take a longer-term view of the public...

28 August, 2018 /

Draft legislation released in July contains more bad news for those renting out residential property. The Finance Bill 2018/19 draft legislation published just before the summer holidays has confirmed the following measures: From 6 April 2019, the rules for rent-a-room relief (which exempts up to £7,500...

20 August, 2018 /

The prospect of a flat rate of tax relief on pension contributions has resurfaced in the national press. The cost of pension relief has been chipped back in recent years, mainly by reducing the annual allowance. However, a report in The Times in early July...

06 August, 2018 /

Important interest rate announcements were made in June, both in the UK and the US. The US Federal Reserve announced its seventh 0.25% increase in interest rates since December 2015, taking the level to 1.75%-2.00%. The rise had already been incorporated in market prices by...

23 July, 2018 /

The latest quarterly review of the FTSE 100 revealed common misunderstandings about how the index is drawn up. Every quarter FTSE Russell, which operates all the FTSE indices, decides which companies are promoted or demoted from the FTSE 100 index. There had been speculation that the...

16 July, 2018 /

National Savings & Investments (NS&I) has introduced limits on its offerings for wealthier savers.  In mid-June NS&I announced a revision to the terms of its popular Guaranteed Growth and Guaranteed Income Bonds. The interest rates were left unchanged, but the maximum investment per person, per...

11 July, 2018 /

Important changes affecting Chinese market indices took effect in June 2018, which could affect emerging market funds. On 1 June 2018, the index provider MSCI added 233 domestic Chinese stocks to its emerging market and global indices. MSCI has some of the most widely used indices...

02 July, 2018 /

The way savings are taxed is being reviewed by the Office of Tax Simplification (OTS). The OTS is looking at the way in which savings and investment income is taxed, which can be very complicated. According to its paper, published in May 2018, “the interactions...

11 June, 2018 /

With Brexit now less than a year away, how insular are your investments? Brexit – or more accurately the start of the transition/implementation period of the UK leaving the EU – begins on 29 March 2019. By the end of the following year, the UK’s...

30 April, 2018 /

It is worth looking at what your pension pot could buy for your retirement. The importance of pension contributions has been bolstered by the rollout of auto-enrolment pension schemes. However, it is not as clear what your savings will give you when you come to retire. For...

09 April, 2018 /