Spring 2016 Newsletter – tax planning ahead of the Spring Budget

Despite the freezing cold, it can’t be denied that there’s a springy feel in the air. Evenings are getting longer and summer is looming in the distance. With the spring budget less than 30 days away, now is the perfect time to consider your financial options for the coming season.

This edition, we are focussing on tax planning ahead of the spring budget. With the budget imminent, and the new tax year to follow soon after, our newsletter is aimed at making sure you are prepared for any new reforms coming into effect.

Our other stories include:

• Highlights from the Autumn Statement The Chancellor’s third set piece of last year was almost another budget. We summarise the main points and what changes are to come into effect in the new tax year
• Cap on residential care costs The Government has set a cap on how much you will have to spend on your long term care needs. But this won’t come until effect until April 2020. We take a look at why this is.
• Record low on interest rates and income The Bank of England – economist predict – will wait and see how the outlook evolves before it implements the first increase in interest rates in almost eight years. If this view proves to be correct, what does this mean for investors?

We hope you find the contents of this newsletter useful and informative and, as always, let us know if you think you may be affected by any of the topics in this edition. To view the full copy of our spring newsletter please click here.

If you would like to talk with one of our advisers for further information call us on 01273 208813 or email [email protected] 

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This article was originally published on Wednesday, February 17, 2016 – 09:35

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