News

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

Covid-19 Update

Following the range of updates over the last several weeks, we have now rounded up the latest information from the government on specific schemes where additional detail was released. This update covers measures discussed on 4 May. Bounce Back Loan … Continue reading

Covid-19 Update

Changes since last bulletin on 24 April 2020 Bounce back loan scheme launched with 100% government guarantee. Possible shape of Coronavirus Job Retention Scheme after the end of June. Abandonment of requirement for forward-looking financial information or business plans when … Continue reading

Covid-19 update

Changes since last bulletin on 9 April 2020 Cut-off date for individual eligibility for Coronavirus Job Retention Scheme (CJRS) moved to 19 March 2020. CJRS extended to 30 June. Revised eligibility requirements for Self-employed Income Support Scheme. New £1.25 billion … Continue reading

The last cut is the deepest…

The Bank of England’s two unscheduled base rate changes in March took interest rates to a new all-time low. The Bank of England’s 0.5% cut in its base rate to 0.25% on Budget Day (11 March) was far from being … Continue reading

Covid-19 Measures update

The 11 March Budget from the Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. On 17 March a further raft of measures was announced, amounting to an additional £20 … Continue reading

NICs – a tax by any other name?

The new National Insurance Contributions (NICs) scales for 2020/21 were announced ahead of March’s Budget, with one slight surprise hidden in the numbers. Are NICs a tax?      Over many years, Chancellors have tried to convince the public that … Continue reading

Nurture Spring 2020

Welcome to the Spring edition of our newsletter

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Covid 19 measures update

The 11 March Budget from the new Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. On 17 March a further raft of measures was announced, amounting to an additional … Continue reading

The regulator identifies potential ‘areas of harm’ for investors

With individual investors now exposed to direct marketing of some products, the UK financial regulator has spelled out which parts of the personal investment market it is most worried about. “Sustained low interest rates have suppressed returns in safer asset … Continue reading

Covid -19. Measures for businesses and individuals

Last week’s Budget from the new Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. Six days later a further raft of measures was announced, amounting to an additional £20 … Continue reading

New state pension rates keep UK last in the league tables

The government has published the revised level of state pensions and other benefits for 2020/21. But Britain remains last in the state pension league table. In April 2020, the new state pension will increase by 3.9% to £175.20 a week … Continue reading

Budget 2020

There was some welcome news in the Budget for pension funding. Tax relief remains unaffected and many high earners will no longer be subject to the pension tapered annual allowance, although those earning more than £300,000 could see their funding … Continue reading

Tax Tables 2020/21

2020/21 Tax Tables Click the image to download PDF.

Please click the image to the left to download the PDF