Interest Rate Rise Speculation
Short-term interest rates may start rising this year. The Lord Mayor’s Banquet for Bankers and Merchants of the City of London at the Mansion House is one of the City events of the year, with speeches by both the Chancellor … Continue reading
The Taxman’s Revenge
HM Revenue & Customs is expected to start a new crusade in its battle against tax avoidance very soon. The Finance Bill 2014 should become the Finance Act 2014 in July 2014, bringing into law about 600 more pages of … Continue reading
The other property market
Recent figures show that it is not only residential property that is growing in value. There has been much debate about whether the residential property market is overheating, with the latest (May) figures from Nationwide showing UK house prices up … Continue reading
Inheritance Tax and Trusts
The Treasury has proposed new inheritance tax (IHT) rules for trusts. Trusts are regularly used for estate planning for two main reasons: They can be used to retain an element of control over gifted capital. Some parents are wary of … Continue reading
For ISA read NISA
1 July 2014 marked the end of ISAs and the beginning of NISAs. It was less than four months ago that George Osborne announced that ISAs would be replaced with ‘New ISAs’ (NISAs). The news was overshadowed by the pensions … Continue reading

