It’s a mixed picture for buy-to-let landlords. The rental market has been strong but legislative challenges are making life tougher. Meanwhile the pandemic has seen fast-moving and fluctuating consumer choice. In areas outside London, rents rose by six per cent...
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Charity donations don’t need to be taxing – Birmingham Post article 27.01.2022
Charitable giving offers tax benefits and it has held up surprisingly well through the pandemic. The Royal National Lifeboat Institution even claims to have seen a ‘significant’ increase in annual donations, albeit special circumstances apply – a response from generous benefactors...
Your annual guide to minimising tax – Birmingham Post article 20.01.2022
With the end of the current tax year close upon us, HM Revenue & Customs are once again rubbing their hands with glee. Especially given the pandemic has meant many people haven’t spent as much as they might have done...
2022 on an economic knife-edge – Birmingham Post article 13.01.2022
It could be a tricky few months ahead for both the economy and living standards. So, how will 2022 likely turn out? They say that forecasting, like gambling, is a mug’s game … and there is some truth in that....
Getting out the crystal ball for a new year – Birmingham Post article 06.01.2022
Dividends surged in 2021 but that may not continue, according to Royal London Asset Management. However, it believes takeover bids will remain a prominent feature of the Stock Exchange. Senior fund manager Richard Marwood commented: “After a miserable 2020 where...
Latest Mortgage Rates
Headline Rates as of 31/01/2022 1.44% 5 year fixed 60% LTV Residential 1.59% 5 year fixed Buy To Let Feel free to contact Debbie on our Mortgage Desk on 01675 446500 for further information dlavender@eastcotewealth.co.uk Representative Example Plan 1;...
Triple lock suspension highlights need for old age saving – Birmingham Post article 30.12.2021
The Government’s suspension of the pensions triple lock, breaking a manifesto pledge in the process, has caused controversy. And it’s all down to Covid. In normal times, the triple lock ensures that the state pension will rise in line with...
Will we see the rise of the vegan investor? – Birmingham Post article 23.12.2021
There are around 1.5 million people in the UK who are currently vegan, according to analysis conducted by finder.com. Almost 500,000 Brits gave up meat in 2020. Indeed, you only have to look at the way the supermarkets are fast...
Tax plan your gifting generosity – Birmingham Post Article 16.12.2021
If you’re estate is worth more than £325,000 (£650,000 for married couples and civil partners), some of it could go to HM Revenue & Customs in inheritance tax when you pass on. Less so where the additional Residence Nil Rate...
Money worries still a factor despite Government care cap – Birmingham Post Article 09.12.2021
Fearful about how to support yourself in old age especially if you have to go into care? It’s worth thinking about it early doors and, if possible, come up with a plan. Though this will have to take in lots...