Raising tax without result
It seems this Government is being the most successful at raising the rates of tax yet collecting less cash as a result – and doing untold harm to the economy as well as consumer and business confidence the same time. No, this isn’t political comment; it’s simply financially factual.
Whatever one’s politics and no, it’s...
Chancellor tears but not for us
So, very unconvincingly the Prime Minister supporting the Chancellor’s dire financial announcements brought the wrong sort of tears to her eyes, promptly seeing the cost of long-term UK Government debt rise by a whopping 5% and Sterling losing a cent instantly. Fortunately that was short-lived but we’re still paying far more than at the...
ISA reform looks likely – but no details as yet!
A shake-up of Cash ISAs seems on the cards as the Government has given its clearest indication yet that it is looking to reform the system. That’s a good thing as it will encourage people to see ‘investing’ as different from ‘saving’!
As reported by online financial news platform Citywire, City Minister Emma Reynolds has...
‘Low key’ Spring Statement contained few surprises
The Chancellor’s Spring Statement did not contain a great deal we hadn’t already heard and no immediate prospects for economic growth.
In a relatively low key affair, Rachel Reeves set out her latest update on the economy and restated plans to cut the welfare budget as well as making cuts to Government departments, as we...
Hold fire on pensions Inheritance Tax decision for now…
Reforms announced in the Budget to include unused pensions in Inheritance Tax from 2027 have rightly prompted concern and fears for those planning how to pass on their estate to their family – but don’t do anything rash just yet!
This is because HMRC is running a consultation on these proposals until January 22, 2025...
What will Inheritance Tax changes mean for farmers and the rest of us?
Farming is a huge part of life for many here in North Devon and there is growing concern at the Government’s decision to change Inheritance Tax rules for farmers (and others in business).
Shortly we shall be writing to clients to clarify some of the changes in the recent Budget from Chancellor Rachel Reeves and...
Top 100 firms accolade and buyer’s remorse…
We are delighted and very humbled to have been placed once again in the Citywire Top 100 Financial Advisers list for 2024.
The well-respected online news, advice and analysis platform for those in the asset management and wealth industry publishes its Top 100 list annually and says it ‘celebrates the best of the professional financial...
Citywire Top 100, Budget and MIGO
Thank you Citywire again for the honour of being on the ‘Top 100 Financial Advisers’ list this year! We are very humbled.
Top 100 2024: See the penultimate list of fantastic firms
Whilst the photo Citywire uses still shows me with hair (!), the content is what counts – thank you everyone for the judgment and...
A bad Budget for business – but it could have been worse
The Budget has finally been unveiled and while many in the financial and wealth management sector are of the opinion it wasn’t quite as bad as we feared, the Chancellor’s package of measures revealed last Wednesday contained some nasty elements too.
In our opinion it was a business-negative Budget which won’t help the objective of...