Three pension changes in the Budget

There was scarcely a mention of the ‘P’ word in October’s Budget speech (believe us, we were listening closely for it!). Instead, Hammond used the Budget speech as an opportunity to unveil his ‘rabbit in the hat’ changes to income tax thresholds, an increase in NHS mental health funding and a ban on future PFI…

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Aretha Franklin: The ‘Queen of Soul’ died without making a will

On 16 August, Aretha Franklin passed away, aged 76, in hospice care after battling pancreatic cancer. She didn’t leave a will. This leaves her four sons and other family members to work out her total assets and divide them amongst themselves. After the mourning process, the practical concerns around a death take hold. When someone…

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The sweeter side of VAT

Legal cases are always most fascinating when they make apparent the law’s many intricacies and ambiguities. VAT tax disputes may not always seem like the most interesting subject. However, a recent tribunal ruling showed how captivating they can be… Kinnerton Confectionery is a company that primarily sells sweets marketed at children – if you’ve ever…

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What does the Interest Rate rise mean?

The Bank of England raised interest rates from 0.5% to 0.75%, only the second rise in a decade.  Interest rates stand at their highest since 2009 and reflect what the Bank of England perceive as a general pick-up in the economy. The Bank said that a rise in household spending has strengthened the British economy.…

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Why over 60s are jumping off the property ladder?

In 2007, there were 254,000 older people living in private rented accomodation. According to research by the Centre for Ageing Better, over the last decade that figure has skyrocketed to 414,000. If things continue the way they’re going, they estimate that over a third of those over 60 will be privately renting by 2040.

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