Junior ISAs (JISAs) became available from November 2011. Both cash and stocks and shares JISAs are available. Children can hold one of each at a time (two accounts in total). Who is eligible? All UK resident children under the age of 18 who do not have a Child Trust Fund (CTF) are eligible for JISAs.
Read more
On 25 March the Coronavirus Act 2020 received Royal Assent. It is a bumper piece of legislation, running to 348 pages and covering a wide range of areas (many excluding Scotland because of its devolved powers), including: Food supply; Statutory Sick Pay (SSP) modifications, such as the funding of the employer’s liabilities; Suspension of the rules that
Read more
On Friday the Chancellor gave a graphic illustration of what ‘whatever it takes’ means. After waiting a year and a half for a Budget, within the space of nine days we have had three. The latest, presented in Downing Street was a real money-no-object blockbuster: Coronavirus Job Retention Scheme This type of scheme echoes measures
Read more
As the world grapples with a global pandemic, we face a tough time. There are lots of opinions on Covid-19, some more informed than others. Our role is not to add to these but to advise them on how they have impacted on their financial planning. Stock markets across the world have fallen, recovered briefly,
Read more
Zoom is a video meeting app which is like skype but works on any device. All you need is a device with a camera, a screen, a microphone and speakers. This could be a laptop, tablet, or your phone. It is safe and secure. It works very well, and also allows us to share screens.
Read more
Further to the recent government announcements and in the interest of staff, their families, and our clients, we will have a reduced team in the office. Also, all client face to face meetings are suspended over the short term. Any staff who are not in the office will be working remotely. If you have a
Read more
It is an unbelievable 500 days since the last Budget in October 2018. The Chancellor, Rishi Sunak, has only been in the job a few weeks and to say the Budget will have represented a challenge for him is a massive understatement. Even more so given current world events. Budget Day started with an announcement
Read more
As you might imagine, this is a question clients ask us often. A rule of thumb is the “4% rule”. This means on a £100,000 pot you would withdraw £4,000 and increase the withdrawals each year with inflation. Taking any more runs the risk of the pot dwindling and running dry within 30 years. We
Read more
Every year, thousands of people lose millions of pounds due to investment scams. Technological advances mean scams are becoming more common and harder to identify. There are some warning signs you can use to avoid falling victim to scammers. Investment scams aim to get unsuspecting people to hand over money. They can seem legitimate, appearing
Read more
