Stuck in frozen tax thresholds?

Stuck in frozen tax thresholds?

The erosion in the values of tax thresholds is known as ‘fiscal drag’, and is a highly-effective form of stealth tax used by Chancellors from successive governments. Fiscal drag is the result of not adjusting tax thresholds (or allowances) in line with inflation....
UK dividends continue to perform

UK dividends continue to perform

UK dividend yields are better than you might imagine. Dividends have been rising. UK companies paid out £94.4 billion in dividends in 2017, a 10.5% increase over the previous year. The increase for 2018 is expected to be markedly smaller, as last year’s payouts...
Which ISA is right for you?

Which ISA is right for you?

If you are looking to maximise your tax-efficient savings, there is now a range of Individual Savings Accounts (ISA) to choose from. And it makes sense to start saving from the beginning of the tax year.   You can invest up to £20,000 in the 2018/19 tax year under...
A new era for VCTs and EISs

A new era for VCTs and EISs

There has been a major overhaul of venture capital trusts (VCTs) and enterprise investment schemes (EISs). The changes come as a response to a government consultation paper last summer which looked at “patient capital”. This was defined by the Treasury as “long-term...
Shaky start to 2018 for stock markets

Shaky start to 2018 for stock markets

Global stock markets were hitting new all-time highs repeatedly in 2017 before encountering some turbulence in 2018. If you were invested in world stock markets last year, you should have enjoyed some healthy returns, although markets have experienced a much bumpier...