Gifts by attorneys and deputies

Posted on Aug.08, 2016 by in Latest News

New guidance has been issued in relation gifts made by deputies of the Court of Protection and attorneys (people acting under a Power of Attorney). The Court of Protection is the Court which has jurisdiction over the affairs of people who have lost the capacity to make their own decisions, for example about their health and finances; while the Office… more


Read more...

 

Stamp Duty Land Tax

Posted on Aug.08, 2016 by in Latest News

One of the issues identified by the previous government is the difficulty which younger people have in getting onto the property ladder; and part of that government’s solution has been to introduce a tax on second homes, which came into force on 1 April 2016. This takes the form of a surcharge of 3% on the existing Stamp Duty Land Tax… more


Read more...

 

Annuities: a casualty of Brexit

Posted on Aug.08, 2016 by in Latest News

While the stock market has defied the worst predictions of Brexit, reflecting in part the benefits to exporters of a lower value pound, the reduction in interest rates resulting in the surge in demand for Government bonds has had a severe detrimental effect on annuity rates. Consequently, commentators are suggesting that this is probably not the best time to buy… more


Read more...

 

Balancing the books post-Brexit

Posted on Aug.08, 2016 by in Latest News

In her first public statement after assuming office, Prime Minister Theresa May made clear her intention that her government’s policies should benefit “ordinary working-class families” rather than “the privileged few”. This suggests that any tax changes are likely to impact the better-off. An increase in the top rate of income tax might be considered, but this would have the undesired… more


Read more...

 

Keep calm and carry on!

Posted on Aug.08, 2016 by in Latest News

Data published by the Investment Association has shown that Brexit resulted in the sharpest ever sell-off of investments by UK savers. £3.5 billion of investments were sold in June as panic took hold and investors let their hearts over-rule their heads. One month later and the FTSE 100 was trading higher in sterling terms than before the vote, leaving many… more


Read more...

 
Generation FS

Generation FS