After delays and the appointment of Rishi Sunak as Chancellor just weeks ago following the resignation of Sajid Javid, the Budget was finally delivered this week. It’s the first to be given since the UK left the EU on 31st January 2020, with the country now in a transition period, and comes amid the coronavirus […]
The current tax year ends on 5 April 2020 and this date represents the final chance to use many of your annual thresholds and allowances. And, as you don’t have the option of carrying forward many of these allowances, failing to use them means you lose them. Keeping track of changing thresholds and effectively managing […]
In recent months, problems with pension allowances have made national news. A particular area of concern has been the impact on NHS staff, as it has emerged that the number of members leaving the NHS pension scheme was five times higher than other public pension funds. Issues with the controversial Tapered Annual Allowance have caused […]
It has been another busy few months at Depledge and, as we head into the spring, we have several important pieces of news to share with you. Not only have we been included in a list of just 16 top-rated financial advice firms in the UK, but we’ve also been nominated for an award and […]
Pension legislation never stands still. Successive governments have tinkered with rules, legislation, allowances and payments and 2020 will be no different in this regard. So, to help you understand what changes are in the pipeline, here’s your complete guide to the pension changes coming in 2020 – at least the ones we know about so […]
Did you know that, according to HM Revenue and Customs, more than 10,000 children already have pension plans in place? If you consider that there were more than 900,000 Junior ISAs subscribed to in the 2017/18 tax year, then it’s clear that many parents and grandparents are planning for their child’s future using these investments. […]
Last tax year, Brits paid £5.4 billion in Inheritance Tax (IHT). The most recent available figures show that 5% of all estates now pay IHT, and so mitigating any potential liability is crucial if you want to avoid leaving your beneficiaries with a bill on your death. New research has found that more than £17 […]
Want to know how to live longer and enjoy a fulfilling retirement? One man who had many of the answers to this question was Shigeaki Hinohara who, until his death in 2017, was one of the world’s leading longevity experts. The Japanese physician and educator lived to the fine old age of 105 and, in […]
As the population continue to age, the government has already announced that the age at which individuals can claim their State Pension is to rise. The pension age is set to rise to age 66 in 2020, age 67 between 2026 and 2028 and then age 68 between 2044 and 2046. Now, a leading think […]
Even by recent standards, the third quarter of 2019 was unpredictable and volatile. Brexit continues to dominate the headlines in both the UK and in Europe, and the election of a new prime minister appears to have increased the chances of a disorderly exit from the European Union. In your Q3 2019 market commentary, we […]