The primary benefit of an investment Isa is tax-free growth. Mike Abbott, Head of Sable Wealth, looks at the effect of tax free compounded growth vs unwrapped portfolios where the growth is taxed. At Sable Wealth, one of our key goals is to achieve appropriate long-term investment returns adjusted for risk, costs, and tax. The latter is an important point and should never be overlooked. As Albert[...]
Deposit protection legislation coming into force today is a ‘step in the right direction’, according to the Association of Independent Inventory Clerks (AIIC).
Tenancy deposits taken before April 6 2007 must now be protected as part of the Deregulation Act.
From today, these deposits must be protected with one of the three government-approved tenancy deposit protection schemes, my|deposits, [...]
The awful events in Paris in November metered out by IS extremists, highlights how vulnerable we all are to terrorism.
The way Europe, especially, has come together in the aftermath is admirable and the global coordinated backlash will hopefully make would-be martyrs think twice about copy-cat actions. The reaction of the families and communities effected and the stoicism shown always amazes me.
The Financial Times had a front page headline and attention grabber on Friday of ‘NHS Faces Loss of Senior Staff as £1m Pension Cap Pushes Doctor to Retire’ (15th January 2015). I know a few doctors, dentists and senior management of the NHS. I suspect few of them read the Financial Times and I do not think many other publications have properly highlighted the issues certain staff with a long[...]
It's now cheaper to hire a 1100 foot tanker for a day than it is to hire a Ferrari for a day, though I can imagine the former will use substantially more fuel. To hire a 1100 foot tanker will now cost you 'only' $1563 per day, 92% lower than in August. For £3000 you can hire a Ferrari F40 for 24 hours if it 'floats your boat'. Such is the fall and demand for transportation to ship raw materials [...]
A colleague was relaying a story about a close friend of his that has just been diagnosed with cancer. She is 51 years of age. She had been suffering symptoms for over a year, but ignored them as she helps care for her grand daughter. Her daughter suffers health issues and is reliant on 'Grandma' to help out. She is very much the matriarch, the hub of the family. She simply didn't have time to [...]
The pension freedom legislation was good news for those about to retire and take benefits, however high earners who are still accumulating pension benefits have been dealt a hammer blow when trying to plan for their retirement.
The pension Annual Allowance is set to reduce maximum annual contributions from 6th April 2016 to as low as £10,000.
The Government intends to cut pension tax relief for [...]
We certainly live in interesting times. Private Landlords, originally encouraged by successive Labour Governments to pick up the rental property slack left by the decreasing availability of social housing on offer from the State, are now under fire from a Conservative Government.
Way back in the later 90’s, Banks and Building Societies were ‘leaned on’ by the Government of the day, to make [...]
The EU Referendum was by any sane standards one of the naivest, most bizarre and arguably vaguest questions ever put to the British electorate. One that appeared to provoke an emotional response, not one based on facts, logic or reason. No one – certainly not Cameron, Johnson or Farage – actually believed the British Public would be ballsy enough, or as some would argue, stupid enough, to [...]
In this week's blog, we explore the 7 reasons your mortgage broker should be a dog:
Your broker will be first and they will be fast like a dog catching a ball flung from one of them plastics throwing doo dar thingies. They will respond to your requests quickly and at any time, so long as they're not sleeping. Dogs do not have office hours, neither do good mortgage brokers.
UNLESS, you've been living under a rock for the last week then you will have heard about the leaked Labour manifesto. ''But James, what on earth does this have to do with protecting my business?!" you may be asking. Brothers & Sisters, comrades, please allow me to explain. Theresa May and the Tory party have maintained a staunch stance that a snap election would not be called. Much like [...]
You may already have heard of Relevant Life Policies, although I am always surprised by how many people have not, including many accountants. In a nutshell, these are term assurance policies that can be paid for by an employer, for and on behalf of an employee. The premiums are a fully tax deductible business expense and are not considered a taxable ‘Benefit in Kind’ to the employee.