Entries by Sarah Lowe

Mind that call

One of the downsides to ever-advancing technology is the ease with which people can fall prey to so-called scammers. Scam calls can strike at any time and in any industry but can be particularly dangerous when dealing with financial matters. By engaging in conversation with a scammer for even just a few minutes you could […]

Congratulations Helen & Margo!

Helen Brown, Senior Financial Adviser at Phillip Bates & Co Financial Services and Margo Dorozik, Client Service Manager have both passed important exams in recent months, taking them one step closer to Chartered status. The two, who took the exam just before Christmas, are now gearing up for their final exam, which they will take […]

Dividend tax changes afoot

The end of the financial tax year is fast approaching and there are tax changes afoot. From April, business owners who pay themselves in the form of dividends, rather than a salary, will see their tax-free allowance cut from £5,000 to £2,000. The tax changes will also affect investors who have portfolios of shares held […]

Seek specialist advice before transferring your pension

Pension transfers have been in the news a lot lately, since the transfer values have increased. But Alan Mellor, Managing Director at Phillip Bates & Co Financial Services, has issued a warning to seek specialist advice before transferring your pension. “It is important to fully understand and appreciate the value of a guaranteed lump sum […]

Beware of Bitcoin

Bitcoin – a digital currency created in 2009, which uses decentralised technology rather than one central bank – is gaining more and more interest lately. Since it thrust itself into the mainstream some five years ago, Bitcoin has been a constant source of interest and confusion, but the currency has certainly garnered more attention recently. […]

A look ahead to the Budget

The Budget will soon be on its way. It was announced last year by the Chancellor Philip Hammond that the Budget was to be moved back to the autumn to simplify the process of setting taxes and government spending. This is the first year of the new system being in action. As with previous years, […]

The time has come for reviewing and fine-tuning accounts

The time of year has come for us to review and re-balance client accounts. Once or twice a year, the team at Phillip Bates & Co Financial Services will review and rebalance accounts to ensure that everything is in working order or if any tweaks should be made. When we welcome a new client, we […]

Meet the team: Helen Brown

Helen Brown is a Senior Financial Planner at Phillip Bates & Co Financial Services, having joined the team in June 2009. “My whole career has been spent in the Financial Services industry; starting off as a mortgage adviser and then progressing to full financial advice,” Helen said. “I have always worked for banking institutions but, […]

Inheritance Tax & the property nil rate band

Inheritance tax remains a topic of confusion for many. Essentially, inheritance tax refers to a tax on the estate of someone who has passed away. The estate might consist of a person’s property, money and possessions. If your estate is valued at below the £325,000 threshold or you opt to leave everything to your spouse, […]