It has certainly been a busy year for the government with a general election and two Budgets to deliver. Many changes were proposed, some of which have already come into effect, and it is important to establish how these changes are going to affect you and your financial planning. We have covered the most important developments in our autumn newsletter and hope you enjoy reading it.
This edition is titled The Summer Budget: ringing in the changes. The first Budget after an election is often the most radical – and that’s certainly the case with 2015’s post-poll offering. We highlight the Chancellor’s most important announcements and how they are likely to affect you and your financial planning.
Other stories include:
• Independent tax revisited
A new set of changes to the tax system now and in 2016 mean it is time for couples to review their tax planning.
• Investment in volatile times
Market volatility has been at near-record levels in recent months as investors respond to the uncertainty in Europe. What is the best way to deal with this?
• Pension futures
Yet more changes to pensions were revealed in the Summer Budget in 2016/2017, and a consultation was launched on the future of pension tax relief. Some of these changes are likely to affect you, so it’s a good idea to review your existing pension arrangements in the coming months.
If you would like more information on anything covered in this Autumn’s newsletter, please contact us. You can read our full budget summary here.