basic rate Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/basic-rate/ North Devon's Leading Wealth Managers Wed, 25 Sep 2024 12:33:42 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.1 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png basic rate Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/basic-rate/ 32 32 Interest rates remain static – will this affect you? https://www.miltonpj.net/2024/09/25/interest-rates-remain-static-for-autumn-2024/ Wed, 25 Sep 2024 12:18:30 +0000 https://www.miltonpj.net/?p=11370 Interest rates are set to remain at 5% until after the Government’s Budget at the end of October. The Bank of England confirmed on Thursday (September 19) the rate would remain static, with inflation remaining stubbornly at 2.2% and above the ‘magic’ 2% target. At its latest meeting, the bank’s Monetary Policy Committee (MPC) voted […]

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]]> Then and now: 39 years and counting https://www.miltonpj.net/2024/09/18/marking-our-39th-pjm-and-co-anniversary/ Wed, 18 Sep 2024 09:00:00 +0000 https://www.miltonpj.net/?p=11366 August marked the 39th anniversary of Philip J Milton & Company, so we thought we’d take a short look back at what has changed and some momentous 1985 events. Founder Philip Milton was born and bred in North Devon – he left school aged 16, joined one of the leading high street banks locally and […]

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]]> Don’t get fined if you have to complete a tax return this year https://www.miltonpj.net/2024/09/04/more-people-facing-self-assessment-tax-returns/ Wed, 04 Sep 2024 09:00:00 +0000 https://www.miltonpj.net/?p=11378 Self-assessment Tax Returns are a pain for the self-employed and increasingly for many modest investors who may not have realised they need to complete one – with many more fines being issued as a result. A Freedom of Information (FOI) request from City platform AJ Bell notes has found that 3.6million people are due to […]

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]]> Do you fall into the 60% tax trap? https://www.miltonpj.net/2023/05/31/do-you-fall-into-the-60-tax-trap/ Wed, 31 May 2023 09:10:00 +0000 https://www.miltonpj.net/?p=10656 Higher earners are being warned not to fall foul of the ‘60% tax trap’ that could eat significantly and perhaps unnecessarily into their earnings. This will not affect everyone, of course, but as of April, the additional rate tax threshold for income tax was reduced from £150,000 to £125,140, dragging more people into the higher […]

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