The new Chancellor of the Exchequer, Rishi Sunak, delivered his inaugural Budget to parliament on 11 March 2020, amid the backdrop of a growing threat to the economy from the global outbreak of coronavirus (COVID-19) – this Budget he announced aims to bring ‘stability and security’.
Some wise words from Charles Incledon at Bowmore Asset Management as reported by the BBC.
Click on full post for the whole story..
Philip Hammond, the Chancellor of the Exchequer, delivered his Spring Statement 2019 to Parliament on 13 March. Set against continuing uncertainty over Brexit and just hours before MPs were due to vote on whether to exit the EU without a deal, Mr Hammond devoted much of his speech to the possible effects that leaving the European Union could have on the UK’s finances.
Who will make your decisions when you are no longer able....?
The High-Income Child Benefit Tax Charge - watch out for the traps!
Philip Hammond, the Chancellor of the Exchequer, delivered his third Budget to Parliament on 29 October 2018 and what should be the last one before Brexit in March next year.
What should you take away from this year’s Chancellor’s Autumn Budget 2018?
The week aims to encourage consumers to take control of their finances, as well as raise awareness of the financial planning profession.
Chancellor of the Exchequer, Philip Hammond, delivered his first Spring Statement to Parliament on 13 March 2018. In a break with recent tradition, the chancellor did not use the financial statement midway between Budgets to present a ‘mini-Budget’ or pre-Budget report.
Chancellor of the Exchequer, Philip Hammond, delivered his second Budget to Parliament on 22 November 2017
Latest comprehensive tax tables from Citimark
The Chancellor of the Exchequer, Philip Hammond, delivered his Spring Budget to Parliament on 8 March 2017. In our guide, we consider the key measures and outcomes and look at the impact on you, your family and your business.
The last two weeks have seen many highs and lows – and not just in relation to investment markets.
Tax Tables for 2016/17
What is happening?
We all have dreams for the future and many of those dreams require wealth to make them come true.
A major change in pension legislation could seriously affect you and result in you paying income tax of up to 45% on your pension contributions!
Given the extreme volatility in the markets at the moment, I thought I should give you some background on why this is happening and what we think will happen next. .
From 6th April 2016, 45% tax relief on pension contributions will be restricted on a graduated basis on income over £150,000.
Click here to refer to the official changes to 2015/16 Tax tables.