Finance Bill 2017-19 round-up

Finance Bill 2017-19 round-up

20/10/2017

The government has published Finance Bill 2017-19, containing a number of changes that will affect both savers and investors. Many of the measures in the Bill were expected in April 2017 but were withdrawn due to the snap general election which took place on the 8th of June 2017. Most of them have been reinstated…

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Sole traders exposed to cash crisis

17/10/2017

Nearly half (41%) of self-employed people struggle to save any money each month, leaving them exposed to financial problems. A survey of 9,495 self-employed workers has revealed the top financial concerns which are worrying small business owners. The research was carried out by insurer, LV= and found that: One in three self-employed workers wouldn’t be…

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Buy-to-let regulations fuel rent rises

13/10/2017

A study has revealed that landlords are increasing rent prices as a result of the recent introduction of buy-to-let tax regulations. The estate agent, Your Move has analysed rental prices on around 20,000 properties and found that the average rent in England and Wales has risen by 3.1% in the past year. With the average…

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Managing auto re-enrolment

Thanks to auto enrolment, there has been a seismic shift in attitudes towards retirement saving over the last few years. When the concept of automatic enrolment was first introduced in 2012, there had been a decade-long decline in pensions savings. While this was no doubt down to the increasing financial burdens associated with modern day…

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Paper self-assessment tax return deadline reminder

11/10/2017

The deadline to submit your self-assessment paper tax return for the 2016/17 tax year is the 31st of October 2017. Any income received during the tax year running from the 6th of April to the 5th of April must be accounted for in your tax return. To report your income, claim tax reliefs or any…

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