Do you receive dividends?

How will the new dividend allowance work? Starting April 2018, there will be a new way in which dividend allowance will work. Shareholders currently are allowed to withdraw up to £5000 of dividends without it being taxed. Come April 2018 this will be cut from £5000 to £2000. This news has left a lot of … Continue reading Do you receive dividends?

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Bitcoin

We are pleased to see that the FCA has published a warning to investors thinking of investing in Bitcoin, a type of Cryptocurrency which has become more popular with investors. Cryptocurrencies are digital tokens. These may represent a share in a firm, a prepayment voucher for future services or it may have no value at … Continue reading Bitcoin

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Lifetime Allowance

Lifetime Allowance is a limit on the amount of pension that can be drawn from pension schemes throughout your lifetime. This Lifetime allowance was introduced in 2006 at £1.5million and was increased each year to 2010 when it reached a level of £1.8 million. Since then a number of changes to the legislation have reduced … Continue reading Lifetime Allowance

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The General Election 2017

As Parliament will be dissolved on the 3rd May in preparation for the forthcoming general election, some elements of the Finance Bill will not go ahead as planned. It was deemed there was insufficient time to get the Finance Bill in its entirety on to the statute book. The following proposed changes will be delayed, … Continue reading The General Election 2017

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