What does the stamp duty holiday mean for me?

In his 8 July summer statement, Chancellor Rishi Sunak confirmed that the stamp duty threshold will be immediately raised to £500,000 in England and Northern Ireland, in what some have dubbed the ‘stamp duty holiday’. The rise in threshold lasts until 31 March 2021 and will apply to both first-time…

The Chancellor’s Summer Statement 2020

Introduction On 11th March this year – less than four months ago – the new Chancellor of the Exchequer, Rishi Sunak, presented his first Budget following the Conservative victory in the December election. That Budget was, he declared, a “People’s Budget from a People’s Government.” It was certainly a Budget…

Retirement planning in the time of COVID-19

The COVID-19 outbreak has heralded the beginning of a concerning time for everyone. As well as anxiety about our own health and the wellbeing of our loved ones, many of us are understandably worried about the financial future. Recent stock market volatility is worrying for all investors, but especially for…

Why even high-flying professionals need a financial planner

You may find it surprising to learn that even successful tax, legal, accounting and other professionals use financial planners. Surely, they know it all already, don’t they? Don’t they just follow their own advice? Let’s look at why professional advisers sometimes find it helpful to sit on the opposite side…

The importance of tail-end events when investing

At the start of the year, none of us would have foreseen where we are today. Who would have predicted that a bat jumping onto a pangolin and onto a human in China would have wrought such devastation across the globe? It just goes to show that nothing can be…

Rethinking what’s important

The time in lockdown has given people the chance to reflect on what’s really important to them. It’s been a time to re-evaluate priorities and think about resetting goals for the future. What about you? What have you missed? • Have you liked the slower pace of life? • Have…

How to reduce your monthly outgoings

Many employees have lost their jobs, accepted part-time hours or been put on furlough as a result of the economic disruption caused by the coronavirus outbreak. According to the Centre for Economics and Business Research, British households will see a drop in their disposable income of £515 a month –…

The effects of Covid-19 on the housing market

The coronavirus outbreak will have long term repercussions for all aspects of the residential housing market. As restrictions are gradually lifted, the sector is beginning to operate again, albeit under social distancing measures. But with the Chancellor confirming that it is “very likely” that the UK is in a significant…
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