From an Autumn Statement peppered with continuing austerity measures and deficit issues the main talking point was the reform of Stamp Duty. The Chancellor announced that the current system, where the amount owed jumps at each threshold level, would be replaced by a graduated rate, similar to income tax. The change came in at midnight and the new rates are […]
Providing you with simplicity and greater flexibility
Individual Savings Accounts (ISAs) have been around since 1999, providing a tax-efficient wrapper for savings and investments. However, in the recent Budget, the Chancellor, George Osborne, promised to increase the simplicity and flexibility of ISAs. As of 1 July 2014, there is now a single ISA which has been named the new ISA, or […]
What you need to know – the main talking points
The Chancellor of the Exchequer, George Osborne, gave his fifth Budget speech to Parliament on 19 March 2014. He unveiled plans to support economic recovery – including tax breaks to boost productivity, exports and manufacturing.
The deficit Mr Osborne announced would be lower than expected this year at 6.6% – and he […]
You can accumulate substantial amounts a personal capital in a tax-efficient way via an Individual Savings Account (ISA).
From 1st July, ISAs will become even more attractive and more flexible:-
All existing ISAs will become a simpler product called the New ISA (NISA).
Your NISA annual investment limit will be increased to £15,000.
You will be able to transfer your investments from a stocks […]