Archive: Mar 2017

The New £1 Coin

With the excitement surrounding the issue of the new one pound coin, I wondered how much I would have today, if I had invested 10,000 of them into the FTSE All Share index when the pound coin was first launched. The one pound was introduced on 23 April 1983, when Lady Thatcher was Prime Minister, […]

Budget 2017

Key points from today’s Budget

1. The economic forecast Growth in the UK economy picked up through 2016. Employment has reached a record high of 31.8 million people. The Office for Budget Responsibility (OBR) now forecasts that the UK economy will grow by 2% in 2017. The OBR also forecast that the economy will grow at a slightly slower rate in 2018, […]

Utilising the Normal Expenditure out of Income Exemption

Inheritance tax is becoming a concern to more and more people. A simple yet effective way of planning is to use exemptions and reliefs and use of the normal expenditure out of income exemption can be particularly useful. It is a fact that inheritance tax receipts are increasing and the number of families paying inheritance tax is […]