15th September 2020
Increase in minimum pension age
The government proposes to increase the age at which an individual can take their private pension savings at the same rate as the increase in the State Pension age.
Read onThe government proposes to increase the age at which an individual can take their private pension savings at the same rate as the increase in the State Pension age.
Read onWe were pleased to be a main sponsor of the Mary Collard charity golf day, which was held at Worlebury golf club on 1st August.
Read onWe are pleased to sponsor Ashcombe Park Bowling club, and are delighted to hear that a number of members have started to play again.
Read onWe have been receiving regular updates from Ruby's puppy walkers and are delighted to say she is progressing well......
Read onFrom 6 April the Residence Nil-Rate Band (RNRB) increased to £175,000. This was the final annual rise of £25,000 since the RNRB came into effect in April 2017.
Read onNational Insurance thresholds for 2020/21 The level at which taxpayers start to pay NICs has risen by more than 10% to £9,500 per year for both employed and self employed individuals (previously £8,632).
Read onThe amount a surviving spouse or civil partner inherits under the England and Wales intestacy rules (when there are children/issue) has been increased
Read onHMRC has confirmed that maturing Child Trust Funds (CTF) will retain tax-free status from 6 April 2020. Although these new rules applied from 6 April the first CTF accounts will not mature until September 2020.
Read onWe mentioned last year that the government were proposing changes to the Trust Registration Service (TRS). The consultation closed on 21 February and the decision has been published.
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