Getting your hopes up for an interest rate rise?
Last month saw the first suggestions that interest rates could increase soon. In June, the US central bank, the Federal Reserve, increased short term interest rates for the second time this…
Mr Carney prepares to write a letter as inflation rises
The latest inflation numbers show prices rising at their fastest rate for nearly four years. The May inflation data came as a surprise to many pundits. The expectation had been for inflation,…
No summer Budget, but…
The general election left the future of many spring Budget announcements up in the air, but that situation may soon change. When Theresa May announced her snap election in April, it…
Tax restriction starts to bite landlords
If you are a buy to let landlord, you will almost certainly be aware that the restriction on tax relief for finance costs started to bite from 6 April this year….
Worrying statistics for the retirement gap
A significant minority of people are heading for a retirement which is going to be very tricky to fund: they have neither a private nor a workplace pension. Is the…
State pensions: not quite what was advertised
Most people reaching state pension age today are receiving less than the new state pension. A Freedom of Information (FoI) request from the Sunday Times revealed an interesting fact about…
Pensions Regulator toughens up over warning notices
The Pensions Regulator (TPR) has issued a warning to small companies that fail to heed 28-day warning notices to enrol their staff in pension schemes. The regulator states that firms…
Looking good for capital gains tax
The capital gains tax (CGT) measures announced in the March Budget are generally good news for investors. Tax rates For 2016/17, the higher rate of CGT has been cut from…
