Accumulated runs: two tricky hundreds

The cricket season may only now be slowly getting underway, but May saw the Chancellor score two centuries which, in different times, would have deeply worried investors. Every month the Office for National Statistics (ONS) publishes a detailed summary of … Continue reading

An alternative tax

The adoption in the UK of a transatlantic approach to income tax could appeal to a cash-strapped Chancellor. “…only the little people pay taxes.” That 1980s comment by the New York Hotel owner Leona Helmsley sums up an attitude that … Continue reading

Calling time on the triple lock?

The state pension triple lock may not survive much longer. The impact of Covid-19 on earnings could mean a change in the way that state pensions are increased in each year. If nothing is done, it could give pensioners a … Continue reading

Summer Statement – 8th July 2020

HIGHLIGHTS A £1,000 Job Retention Bonus will be introduced when the Coronavirus Job Retention Scheme ends for employees who have been furloughed. A new Kickstart Scheme will cover employers’ costs for new six-month work placements for trainees aged 16-24. A … Continue reading

Keep going well…? Shell’s historic dividend cut

When a 75-year run is broken, something significant has probably happened. If you are of a certain age, ‘Keep going well…’ could have you instantly remembering the rhyming counterpart; ‘Keep going Shell’. At the end of April 2020 that 1960s … Continue reading

Deferring July’s income tax payment

The imminent payment on account does not have to be paid. The last Friday in July is the due date for the second 2019/20 self assessment payment on account. At least, in theory it is… One of the many measures … Continue reading

Nurture Summer 2020

Welcome to the Summer edition of our newsletter

Please click the image to the left to download the PDF

Missing in inaction: calculating inflation under lockdown

The Covid-19 pandemic has created problems for the statisticians who calculate the rate of inflation. Inflation, as measured by the Consumer Prices Index (CPI), fell sharply in April to just 0.9% against 1.5% in the previous month. The main reason … Continue reading

Should you review your pension fund withdrawals?

The fall in world stock markets has cut the value of many pension pots. Which would you choose as investment performance, assuming a £10,000 investment that would be untouched for 10 years? A steady return of 5% a year throughout … Continue reading

Covid-19 Measures Update

On Friday 29 May the Chancellor, Rishi Sunak, presented further details of how several key schemes will develop over the coming weeks and months. Coronavirus Job Retention Scheme (CJRS) In an announcement on 29 May the Chancellor provided more details … Continue reading

Covid-19 Measures Update

Coronavirus Job Retention Scheme (CJRS) On 12 May the Chancellor announced the extension of the CJRS by four months to the end of October: Furloughed workers will continue to receive 80% of their current salary, up to current maximum of … Continue reading

Crisis lessons – spotlight falls on social security net

The Covid-19 pandemic has highlighted many aspects of life which had previously gone unnoticed or ignored and found the holes. The full extent to which supply chains are global is an obvious example. Our reliance on internet connections and their … Continue reading

The uses of investment losses…

The Covid-19 pandemic has seen the values of many investments fall. But lower values can have a useful upside. Source: Data from ‘It’s an ill wind that blows nobody any good.’ So it is with the drop in the … Continue reading

Rise in lockdown will writing highlights forward planning needs

One perhaps unsurprising side-effect of the Covid-19 pandemic has been an upsurge of interest in wills and estate planning. However, the lockdown is constraining options. Press reports have suggested that the increased interest in will writing has been particularly high … Continue reading