More recent posts
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Rise in State Pension age brought forward by seven years
The Government has announced that the rise in the pension age to 68 will now happen by 2039 – seven years earlier than initially proposed, and will affect…
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Automatic Exchange of Information (AEOI) – returns deadline 31 May 2017
Automatic Exchange of Information agreements are made between the UK and other countries. These agreements allow the exchange of information between tax authorities of different countries about financial…
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Planned probate fee increases scrapped ahead of general election
The controversial planned increase in probate fees has been scrapped ahead of the general election. Probate fees, which must be paid by personal representatives of estates in order…
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Parliamentary committee questions legality of probate fees increase
Probate fees, which must be paid by personal representatives of estates in order to obtain a grant of probate, are set to increase significantly from May 2017; moving…
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HMRC withholding tax relief on ‘in specie’ pension contributions
HMRC are reportedly withholding millions of pounds of tax relief from pension savers who have made ‘in specie’ pension contributions; the contribution of non-cash assets to a pension…
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Autumn Statement 2016
Philip Hammond has delivered his first, and last, Autumn Statement, which included revised forecasts for the UK economy, new Government commitments on deficit and debt reduction, spending commitments…
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Magma Wealth Management guide to how Brexit could affect your finances
Magma Wealth Management have put together their thoughts on where Brexit will lead us. Please click here for their guide. For further information or assistance, please contact either…
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Pensions regulator to list GPPs open to all employers
The Pensions Regulator (TPR) is going to publish a list of group personal pensions (GPPs) open to any employers seeking to comply with their automatic enrolment duties. TPR…
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Budget 2016
George Osborne’s 2016 Budget was delivered with the now familiar undertones of stability, sustainability and long term prosperity. Headlined as the “Budget for the next generation”, private businesses…