Figures recently released for last tax year show the highest level of VCT investment since 2005/06. The Association of Investment Companies was quick off the mark after 5 April in announcing a near record level of fund raising for venture capital trusts (VCTs) in 2018/19. At £731m, 2018/19 VCT investment just beat the 2017/18 […]
As people are living longer, a parallel older-age profile is emerging in the labour force. Labour market statistics for the period December 2018 to February 2019 revealed some impressive results. In the UK, employment of those aged 16–64 was running at 76.1%, the joint highest level ever and up 0.7% on a year ago. […]
In many families, having a frank discussion about wealth is something that’s a bit of a no-go area. Parents don’t always feel comfortable discussing money matters in front of their children, often because they want them to have a strong work ethic and don’t want them to become complacent about what they might inherit in […]
Measures designed to limit the cost of pensions tax relief to the Treasury are having some unwelcome consequences, as some senior doctors have found their incomes disappearing. Some members of the medical profession have found changes to legislation mean their earnings are getting swallowed up by the tax system. According to a recent Financial Times […]
Professional investor interest has been focusing on US government bond yields, with potential lessons for long term investment. On 22 March the US stock market caught a sudden – and brief – chill. One of the main reasons was the red line in the graph shown below. This shows a yield curve plot, which shows […]
Inheritance Tax (IHT) is paid if a person’s estate (their property, money and possessions) is worth more than £325,000 when they die. Your estate will owe tax at 40% on anything above the £325,000 Inheritance Tax threshold (or 36% if you leave at least 10% of your net estate to charity). Married couples and civil […]
