Bottomline
Summer 2012
It's 1:30pm on Sunday 20th May, 2012
Do you own more than one residential property?
If a property has been your main private residence and it has been rented out, there is a lettings exemption available which is the lower of an amount equal to the Principal Private Residence (PPR) exemption and £40,000. What does that mean in normal English? Let’s look at an example to find out. Sara and [...]
Posted by
Laurence Kelly
in
Advice for Individuals, Wealth management
On March 27 2010
Are you planning for your retirement?
We offer a bespoke service to dentists, providing projected pension calculations using our specially designed models, incorporating up-to-date pensionable pay and dynamisation factors. We are able to advise regarding optimal dates to retire. We are able to build into the calculation actuarial reductions for early retirement, if retiring early, other than for ill-health. We obtain [...]
Posted by
Paul Clare
in
Advice for Healthcare businesses, Advice for Individuals, Wealth management
On March 27 2010
What alternatives are there for the cautious investor?
The bank of England base rate hit an historical all time low of 0.5 per cent last year. This has driven bank and building society deposit rates down substantially so that an account offering over 3.5 per cent gross currently looks comparatively very attractive. One view is that interest rates will remain low for the [...]
Posted by
Laurence Kelly
in
Advice for Individuals, Wealth management
On March 27 2010
Minimising the impact of the 50p tax rate
Time is running out for high earners to put plans in place to minimise the impact of the new top rate of income tax, which comes into force in April 2010. Not only are high earners being hit by changes to their pension contributions, they are also facing a new 50 per cent tax rate [...]
Posted by
Rachel Marsdin
in
Advice for Individuals, The Budget
On March 25 2010
Structured Products explained
As the governor of the Bank of England, Mervyn King recently predicted, Consumer Price Inflation (CPI) reached 3.5 per cent in January – the fastest annual pace for 14 months – requiring him to write a letter of explanation to the Chancellor. In it, the governor said the inflation rise was ‘temporary’ and he anticipates [...]
Posted by
Liz Hall
in
Advice for Individuals, Wealth management
On February 27 2010
What a difference a year makes on money markets
It’s a year this week since the FTSE 100 – the stock market index of the UK’s biggest companies – hit a six year low of 3512. At the time, financial markets around the world appeared to be in meltdown, fuelled by poor economic data and the seismic events of the previous six months when [...]
Posted by
Laurence Kelly
in
Advice for Individuals, Wealth management
On February 17 2010
Reaction to changes of minimum pension age
“This has obvious implications, such as if you are planning on phasing benefits with a drawdown arrangement. The new rules mean that after April you will be unable to take installments until you reach 55, unless you are already drawing your pension before the deadline. This also creates a dilemma for someone planning to pay [...]
Posted by
Dave Gleeson
in
Advice for Individuals, Wealth management
On February 12 2010
What are the alternatives for savers?
Q. I have been extremely disappointed over the years with the amount of interest received on savings. In the past we were encouraged to take out TESSAs and ISAs as they were tax-free investments but, since the recession sent interest rates plummeting, the interest is, on average, a measly 0.25-0.5 per cent. It seems the [...]
Posted by
Laurence Kelly
in
Advice for Individuals, Wealth management
On February 2 2010
