From February new rules apply if you choose pension drawdown but do so without taking advice. The Covid-19 pandemic has deferred many events of all sizes, from the Tokyo Olympics to millions of foreign holidays. One of the less prominent delays has been a change to the Financial Conduct Authority (FCA) rules on pension […]
An independent body of tax experts has set out the framework for a one-off wealth tax. Will the Chancellor be tempted? “[We] have a responsibility, once the economy recovers, to return to a sustainable fiscal position.” …said the Chancellor Rishi Sunak in his November statement, during which he also highlighted that the government was spending […]
Action Fraud is warning the public to remain vigilant as criminals begin to take advantage of the roll out of the COVID-19 vaccine to commit fraud. As of 7 January 2021, Action Fraud, the national reporting centre for fraud and cyber crime, had received 57 reports in relation to the COVID-19 vaccine. Pauline Smith, Head […]
As the third Covid-19 lockdown took effect on 5 January 2021, the Chancellor announced a further £4.6 billion in grants to the retail, hospitality and leisure sectors. This new round of support follows extensions to the job retention and loan schemes revealed on 17 December 2020. There may be more to come with the Budget […]
With the second lockdown now in place, the Chancellor has been forced to return to Parliament and announce extended job support measures. Two further grants under the SEISS were announced in September and have now been updated. The government’s new package of support measures laid out in the Chancellor’s Winter Economy Plan have been either […]
A recent report on UK dividend payments suggests the worst of the cuts may be over. For many, 2020 has not been a year they will want to remember. For investors, the first two quarters were a whiplash experience. For about a month from mid-February, Covid-19 pushed share markets down with a brutal abruptness. By […]
