It really does but, by way of preamble, we would emphasise that we do not give advice on US tax, but what we can do in this Focus is give you a heads-up and say – if you think you may be subject in any way to the US tax provisions then take, or re-take,… 
Not a vintage offering this, the last ever, Autumn Statement! Underwhelming for many, but there were some items on the vine that were worthy of harvesting regarding tax, savings, and pensions. Here are some that might affect you: – An increase in the tax-free personal allowance to £11,500 and the…
The pensions lifetime allowance (LTA), the amount savers can place in their pension pot and still claim tax relief, is now down to £1m – down from £1.8m when it was set just five years ago in 2011-12. Any savings in excess of the LTA will potentially attract tax at 55%! So is it the…
Following the Bank of England’s decision to cut interest rates to a record low of 0.25% at the beginning of August and the initial reaction to that from within the financial sector, the resultant effects continue to be felt over a month later. Cash savings accounts have been hit the hardest, with some banks making…
A recent article by Onrec-The Online Recruitment Resource points to income statistics for pensioners that indicate that more and more people aged over 65 are continuing to work after they officially retire. Choosing to remain in employment can be down to a need for extra income, but staying employed has also been shown to provide…
The question – I have money in property and, post-Brexit, should we mortals be worried? Many predicted before the EU referendum that a vote to leave would have a negative effect on the property market. Now that Brexit is set to become a reality, that has transferred into worry amongst many with a stake in…
Set to be introduced in April 2017, the Lifetime ISA essentially offers to potential home buyers an alternative to the Help-To-Buy ISA. With two competing options on the table, it’s important to know which is best for you and your needs, as whilst they have some similarities, there are also key differences between the two….
Financial Planning Berkshire: With its head office in Newbury Berkshire, Barry Fleming & Partners has grown from a tax advisory background into a broader business that encompasses investment management. Both things matter for wealth management, retention and creation. That expertise makes the company strikingly different from others. This capability allows Barry Fleming and Partners…
Follow these 10 top tips and you should be well on the way to working with an adviser that can help you define and achieve your financial goals. 1 – Choose an independent adviser (financial adviser) The term financial adviser has a broad remit, Independence is key. The term independent can only be used by…
Budgeting for retirement can be more difficult than budgeting whilst you’re still working. Some costs may increase, such as heating your home, and you’ll have to work out exactly how much income you will be receiving from your pension. The average British wage is about £26,000 – to replicate that in retirement you’d need a…