An overshadowed Spring Statement - Hilton Sharp & Clarke IFA's

An overshadowed Spring Statement

An overshadowed Spring Statement. The Chancellor’s March Spring Statement was almost entirely overshadowed by the continuing Brexit crisis in Parliament, but figures from the OBR highlight the importance of ongoing tax planning Ever since he announced a move to an Autumn Budget in 2016, Philip Hammond has made it clear that he wanted to avoid…

Draft legislation suggests more complex residential letting rules

Draft legislation suggests more complex residential letting rules

Draft legislation suggests more complex residential letting rules Draft legislation released in July contains more bad news for those renting out residential property.  The Finance Bill 2018/19 draft legislation published just before the summer holidays has confirmed the following measures: From 6 April 2019, the rules for rent-a-room relief (which exempts up to £7,500 a…

PRIIPS – the latest acronym for retail investors to learn?

PRIIPS – the latest acronym for retail investors to learn?

PRIIPS – the latest acronym for retail investors to learn? New regulations are producing some strange figures in investor information documents. There is a new acronym causing furrowed brows amongst investment managers, financial advisers and regulators: PRIIPS. PRIIPS are ‘Packaged Retail and Insurance-based Investment Products’, which includes most fund and investment-related products aimed at retail…