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Investment Category

17th January 2020
Although Brexit is not yet fully settled, much economic uncertainty has been removed by the resounding victory of the Conservative Party in the General Election on 12th December 2019. So what effect will this have financially for you? The Conservatives have indicated a budget in early March, with promises of tax cuts, which could encourage further spending to assist UK economic recovery. However, the UK…
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20th September 2019
Prospective clients looking for a law firm may find the Legal Services Consumer Panel’s Tracker Survey of 2019 interesting reading. The report is based on findings from a YouGov survey of more than 3,500 users of legal services over the last two years and so is a significant sample. The findings, in this time of comparison websites, that ‘shopping around’ is often a bad thing for…
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09th August 2019
Benjamin Franklin said that the only two certainties in life are death and taxes. However, taxes can be minimised with better organisation, the full use of allowances and taking appropriate professional advice. There is a personal income tax allowance of £12,500 and further allowances against income from shares and savings. Those in a marriage or civil partnership can tax plan effectively for income, capital gains…
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24th May 2019
When did you last review your investments and wider finances? In today’s climate of persistently low interest rates many investments, particularly those providing instant access on cash deposits, pay interest rates well below current inflation that measures 2.4 per cent according to the Retail Price Index. Even long-term and fixed-rate investments are paying interest rates much lower than their historic averages. As a result, allowing…
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15th March 2019
In the course of my professional work, especially when advising clients about making or updating a will, I am often asked for advice on the best way of giving to charity. Charities carry out excellent work of great public benefit, nevertheless from time-to-time press reports highlight criticism of some charities, reflecting various concerns about day-to-day administrative matters or costs for example. So for anyone seriously…
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29th January 2019
In the Chancellor of the Exchequer's 2014 Autumn Statement George Osborne announced that under new rules surviving spouses may inherit their deceased partner’s Individual Savings Account (ISA), referred to as an Additional Permitted Subscription (APS), and that it may stay as an ISA, meaning that they would not pay tax on any capital gains. However, recent figures from HMRC reveal that a low number of bereaved…
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28th September 2018
Attorneys and deputies currently have limited authority when it comes to making gifts from a protected party’s estate. By law, they can only make decisions for a person who is no longer able to do so and unlikely to be able to do so in the future. In general, gifts can only be made to a charity or to a family member, friend or acquaintance…
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27th July 2018
It seems difficult to remember a time when investment markets have been so driven by politics and government leaders instead of economic data and company results, nor a time when social media, especially US President Trump’s Twitter account, was so closely watched by investment analysts. For many reasons, 2018 is proving to be a memorable year. In March, President Trump announced steep tariffs on steel…
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27th June 2017
George Ide’s private client team was involved in a recent Court of Protection case that clarifies the law concerning how best to protect the interests of an adult whose lack of mental capacity prevents them from managing their own affairs. In this particular case, our client received a personal injury settlement after an accident in which he sustained a serious head injury that left him…
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15th June 2017
Not everyone gets excited about data protection – until, that is, it comes to light that miscellaneous personal information has been captured and secretively stored, or is being used in an alarming manner. You may be surprised to learn that the UK’s current electronic information legislation dates back to the last century: the oft-quoted Data Protection Act was passed in 1998, no less than 19…
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