Cohabitation law reforms rejected 

The government has rejected proposals to modernise cohabitation laws in England and Wales, leaving it up to individuals to arrange their financial affairs for partners and dependents.   In August, the House of Commons Women and Equalities Committee published The rights … Continue reading

Investors set to pay more tax  

The new Chancellor’s Autumn Statement has increased the tax bill for many investors.   In his Autumn Statement, the Chancellor, Jeremy Hunt, said that in making decisions on tax the government followed a broad principle that “we ask those with more … Continue reading

Caught by the additional tax rate taper trap 

A growing number of taxpayers are being caught by the personal allowance taper, which will be exacerbated by the reduced additional rate tax threshold of £125,140. With many also questioning why the new threshold is not a round number, a … Continue reading

Looking for alternative Christmas presents? 

Why not consider a different kind of gift for your children or grandchildren this Christmas – perhaps one with a financial twist?  According to a prediction made by Hamleys in October, among some of the top bestselling toys this Christmas … Continue reading

Nurture Winter 2022

Welcome to the Winter edition of our newsletter

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The lessons from the U-turns

The rapid unwinding of most of September’s so-called mini-Budget has important implications. Gone are the days when a Chancellor made only two set piece announcements each year and, for the remaining days of the year, tax remained generally out of … Continue reading

Tax Tables 2022/23

2022/23 Tax Tables Click the image to download PDF.

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Dissecting inflation: what a difference a year makes

Annual CPI inflation hit 10.1% in September, but that does not mean every price is showing a double-digit increase. Source: ONS The September Consumer Prices Index (CPI) inflation reading is probably the most important inflation metric in a given year. … Continue reading

Nurture Autumn 2022

Welcome to the Autumn edition of our newsletter

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Nurture Summer 2022

Welcome to the Summer edition of our newsletter

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Autumn Statement – 17 November 2022

HIGHLIGHTS The main income tax allowances and thresholds, the main national insurance thresholds plus the inheritance tax nil rate bands will stay at their current levels for an extra two years to April 2028. The threshold for the 45% additional … Continue reading

Gilts get their moment in the limelight

Government bonds, often called gilts, are traditionally dull investments. However, as recent events highlighted, they are an important part of the financial landscape. Gilt-edged securities (gilts) earned their name in a bygone, pre-electronic era, when they were issued as certificates … Continue reading

Over-65s set new employment record

The latest data from the Office for National Statistics (ONS) reveals that more people than ever are working beyond age 65. Source: ONS 9/2022. One of the stranger economic statistics of recent times has been the strength of employment markets … Continue reading

The fight against rising inflation

There are many simple ways to cut expenditure and ease the bite of inflation. Source: ONS. The peak reading for inflation is likely to have been changed by the government’s September decision to introduce a ‘price cap’ of £2,500 on … Continue reading