Latest News
November 2008Improvements Announced to State Pension Scheme The DWP announced last week that the Government is proposing an amendment to the Pensions Bill which will allow some people to make up to six additional years of voluntary (Class 3) NI contributions in addition to those permitted under existing time limits.
Intestacy Rules The Ministry of Justice has announced an increase in the amount of the statutory legacy on intestacy. The statutory legacy is the amount which an individual is entitled to receive from the estate of their husband, wife or civil partner where the individual has not made a Will. From 1 February 2009 the statutory legacy will increase to:
Entrepreneurs’ Relief The system of capital gains tax (CGT) for individuals and trustees changed radically from 6 April 2008. The changes included the abolition of taper relief and indexation allowance and the introduction of a single rate of CGT of 18%. |
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The value of investments can fall as well as rise and past performance is not a guide to future performance.
The value of investments can fall as well as rise and past performance is not a guide to future performance.