PENSIONS – FURTHER CHANGES AHEAD

Just when we were all getting used to the new pension changes that came into force in April, the Chancellor, George Osborne, announced further measures and reforms in his Summer Budget NEW CEILING FOR THE ANNUAL ALLOWANCE With effect from April 2016, those with a...

How good is your financial IQ?

At election time, it’s become almost a ritual to quiz politicians on the cost of every-day items such as a pint of milk. Many get it wildly wrong and they are not alone. Recent personal finance surveys have shown that we all  have a few potential blind spots when it...

The new dividend tax

Caption: The new rules Following an announcement in the Summer Budget, the taxation of dividends is set to change from April 2016. Under the current system, dividends carry a 10% tax credit, meaning that basic rate tax payers have no further liability for income tax,...