Your Wealth | inFocus
As Parliament came back from the summer recess, the pace of change continued. Recently, a second Finance Bill was published which, as anticipated in our feature article, brought back most of the measures originally culled from its earlier, pre-election, sibling. And only days ago the Treasury also announced the Autumn Budget date as 22 November. So now we know the shape of the latter part of the year at least.
Our feature ‘Elections, Budgets and Bills – a new course?’ highlights these key issues and two of the measures brought back into focus which are likely to have the most impact on your financial planning.
Our other stories include:
- Setting sail on pension transfers - As much as £50 billion has been taken out of final salary pension schemes since April 2015. Have these individuals made the right choice for their future?
- Are you covered on personal lending? With the Bank of England expressing concern over a boom in personal lending, reviewing your protection across a range of loans and liabilities may be prudent.
- Inheritance tax receipts hit a new high - How much do you want to contribute to HMRC’s increased IHT tax take? There are some options to mitigate the impact on your estate.
- When you’ve used your ISA allowance - If you find yourself breaching your £20,000 ISA allowance, you may need to invest excess funds directly.
- Funding a degree in debt? Most students now leave university with debt, as high as £50,000 for students in England according to the Institute for Fiscal Studies. Can you help with pre-funding arrangements?
To read this issue, click the button below: