Way back in March 2023, before our gloriously changeable British summer, Chancellor, Jeremy Hunt set out his plans the abolish the pension ‘lifetime allowance’. This was met with welcome noises from pension savers and pensioners
In the spring Budget it was announced the ‘lifetime allowance’ was being abolished. The date was set, 6th April 2024, and before this, the lifetime allowance tax charge would be set to 0%. The measure was
There is not a week that goes by here at Capital without a client contacting us, wanting to help family or friends with a cash gift. It’s great to assist our clients to do this
When it comes to our preferences, we all have a soft spot for expensive or high-quality things that make us feel good. Whether it’s Range Rovers, exotic holidays, or stylish Louis Vuitton bags, these items
The Chancellor was still speaking at the dispatch box, delivery the eagerly anticipated Spring Budget as the first of many e-mails, text and WhatsApp messages began arriving in my inbox and phone from eager clients.
Is it just me or am I amongst friends if I say I am getting rather tired of the doom and gloom being constantly reported in the media about the state of the economy? I
As we all know by now, the new Chancellor announced his “Mini Budget” about a week ago and we’ve witnessed how this managed to blow up the markets. Kwasi Kwarteng, is known for his doctoral
Inheritance tax (IHT) receipts for 2021/22 in the UK were £6.1 billion. Overall, the UK government collected £915 billion in 2021/22 in public sector receipts, therefore inheritance tax made up less than 1% of overall
Are you proactive or reactive when it comes to your taxes? Although you have a lingering feeling that you might be paying more than you need to and could be taking advantage of some punchy government allowances, you never
Income Tax and Capital Gains Tax can cause a real dent in investment returns. Discover seven ways to reduce tax on your investment income. Benjamin Franklin once wrote that “Nothing in the world is certain,
Tax is one of the trickiest areas of running a business. It can be a bewildering, complicated area, particularly for those without specialist training. Maintaining records and filing returns requires a lot of work. And
Do you like paying tax? That’s a tough question. Some people see the value in paying their fair share of tax and some people despise having to do so. But what is the difference between
Inheritance tax is the UK’s most hated tax according to a recent article in The Independent. Over £5bn was paid to the Treasury in the last tax year and the number of estates paying inheritance
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