Tag Archives: Tax

Budget report 2010 commentary

So, the chancellor has given his final Budget report before the next General Election. In summary the key highlights are: Pensions The Chancellor confirmed that, from 6 April 2011, individuals with gross incomes of £150,000 or more will have their tax relief restricted. From April 2011, those aged over 75 will pay no tax on […]

Possible CGT Rate Change – Budget

Debate on likelihood and impact of change continues. This blog post will look at the following Official concern over ‘the gap’ – between the CGT and income tax rates. Potential impact on business owners. Impact of ‘rate rise fear’ on current (‘pre-rise’) financial planning strategy. Possible longer term impact if rate rise implemented. Official ‘concern’ […]

Capital Gains Tax & Budget 2010

BUDGET 2010 : Will the capital gains tax rate be raised in next week’s Budget? The Financial Times reported yesterday that investors are rushing to sell shares and property ahead of next week’s budget, in the belief that there will be a hike in capital gains tax announced at the dispatch box. However, as the […]

2010/11 Tax Outlook for Family Business?

CORPORATION TAX 50% and (effective) 60% personal tax rates are hogging the headlines: How do companies fare? How do companies fare under the 2010/11 tax system? Not badly (well not as badly as high income individuals) is the answer.  In the Pre-Budget Report the Chancellor announced that the planned increase in the small companies’ rate […]

The Whole Investment Story

Synopsis: A ten year loss across the ‘noughties’ for UK shares is not the true story. We commented in our recent bulletin that 2009´s 22.1% rise in the FTSE 100 index was not the whole story for the past 12 months. The same “don´t-believe-the-Footsie approach” is worth taking for the ´noughties´ decade. FTSE Index 1999-2009 […]