Taxpayers relying on HMRC to sort out the tax due on interest are given a warning. As had often been noted over the last few years, one of the strategies adopted by successive governments to increase tax revenue is the freezing of tax allowances and bands. As inflation increases income, the net result is generally […]
Gold has attracted investors in uncertain times with some strange consequences. At first sight, would you invest in something that had limited practical use, yielded no income and cost money (insurance, storage, etc) to own? Such are the frequently sighted criticisms of buying and holding gold. To that list can be added the […]
In 1975, the Chancellor’s Budget dared to go where no successor has dared since. 1975 was a memorable year in UK politics. In February 1975, Margaret Thatcher won the Conservative leadership election from Ted Heath, who almost a year previously had led his party to defeat. Four months later, in June 1975, the UK […]
A new word was added to investors’ vocabulary in April. “Well, I thought that people were jumping a little bit out of line. They were getting yippy, you know, they were getting a little bit yippy, a little bit afraid.” So said President Trump seven days after his Rose Garden Liberation Day presentation of […]
Action Fraud are urging the public to look out for phishing emails that relate to extortion as the Suspicious Email Reporting Service (SERS) received over 2,924 reports in March 2025, a staggering increase compared to only 133 reports made in February. The reported phishing emails received by the National Cyber Security Centre’s SERS relate to […]
With continuing intense pressure on government finances, the October 2024 Budget confirmed that the overall tax burden in the UK will remain at an historically high level for years to come, with higher earners continuing to shoulder most of the burden. Higher and additional rate taxpayers currently pay over two thirds of all income tax. […]
