We welcomed the announcement by Chancellor Philip Hammond in yesterday’s budget that stamp duty is to be abolished for first-time buyers purchasing properties worth up to £300,000. Phillip Bates & Co Chartered Financial Planners predicted a reduction in stamp duty for first-time buyers was likely, but that it would perhaps be a temporary one. So […]
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 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 […]
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 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, […]
We welcome withdrawal of stamp duty for first-time buyers in ‘positive’ budget
/0 Comments/in News /by Sarah LoweWe welcomed the announcement by Chancellor Philip Hammond in yesterday’s budget that stamp duty is to be abolished for first-time buyers purchasing properties worth up to £300,000. Phillip Bates & Co Chartered Financial Planners predicted a reduction in stamp duty for first-time buyers was likely, but that it would perhaps be a temporary one. So […]
A look ahead to the Budget
/0 Comments/in News /by Sarah LoweThe 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
/0 Comments/in News /by Sarah LoweThe 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
/1 Comment/in News /by Sarah LoweHelen 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
/0 Comments/in News /by Sarah LoweInheritance 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, […]