As the end of the tax year nears, remember the 5 April is a multi-faceted deadline. In 2017, the tax year ends on Wednesday 5 April, over a week before Easter. The Budget is almost a month earlier (8 March), but that should not affect most tax year end actions. As a reminder, here are…
Read moreMonth: February 2017
Transfer values from final salary pension schemes ended 2016 15% higher than where they started, according to Xafinity Consulting, a pension and employee benefit consultant. The increase was largely due to changes in long-term interest rates: as rates fall, so transfer values increase (and vice versa). Long-term rates dropped sharply in the wake of the…
Read moreAt first sight, the results from the world's main share markets in 2016 appear mixed, but that's before currency effects are considered. Index 2016 Change FTSE 100 +14.4 FTSE All-Share +12.5% Dow Jones Industrial +13.4% Standard & Poor's 500 +9.5% Nikkei 225 + 0.4% Euro Stoxx 50 (€) + 0.7% Shanghai Composite - 12.3% MSCI…
Read moreFrom April, the residence nil rate band comes into being. It was nearly two years ago that the Conservatives’ manifesto for the 2015 election promised to “take the family home out of tax by increasing the effective Inheritance Tax threshold for married couples and civil partners to £1 million.” The legislation which starts the first…
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