The State Pension Age (SPA) became equal for men and women for the first time, at age 65, on 6 November 2018. Having reached this landmark, the next stage of SPA increases has already started. For both men and women, the state pension will become payable for anyone born between 6 December 1953 and 5 […]
The government has revived plans to raise probate fees in England and Wales. A new, banded structure for probate fees in England and Wales is to be introduced, according to a written statement issued a week after the 2018 Budget by the Parliamentary Under Secretary of State for Justice. The announcement comes after the […]
UK dividends are continuing to grow faster than inflation, according to the latest quarterly data from Link Asset Service. The latest UK Dividend Monitor (UKDM) shows that in the third quarter of 2018 dividend payments were 4.1% up on the previous year, comfortably above the current rate of inflation. Looking over the 10-year period from […]
The Office of Tax Simplification (OTS) has published the first part of its inheritance tax (IHT) simplification review. The report highlights a variety of issues with the current IHT system: IHT returns are submitted for about half of all estates, even though tax is paid by less than 5%; Most of the paperwork cannot be […]
Over the last few years, a number of regulatory changes have been introduced that have affected the profit that can be made from renting out buy-to-let properties. In addition, landlords are facing new regulatory demands. New tax rules Buy-to-let landlords will have their income tax relief on mortgage interest restricted to 20% by 2020, and […]
Your email account can be a treasure trove for cyber criminals. New research has revealed that 79% of people keep emails in their account that can be exploited by cyber criminals to commit Identity theft, fraud, or impersonation. Cyber Aware is warning the public that without using a strong and separate password for your main […]
