Last month’s Budget saw the news that 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 announcement also affects investors who have portfolios of shares held outside Isas or pensions. The change will come into effect in April 2018. […]
https://pbatesfs.co.uk/wp-content/uploads/2017/04/Money-RZ.jpg6671000Sarah Lowehttps://pbatesfs.co.uk/wp-content/uploads/2016/02/logo-fs-1.pngSarah Lowe2017-04-12 14:19:362017-04-12 14:20:06Dividend tax blow announced for shareholders and business owners
We all know that, should your or your partner’s individual income exceed £50,000, you must pay a tax charge on your child allowance. But many people earning a salary of more than £60,000 aren’t claiming child allowance at all, and this could be having a significant impact on their state pension. As a parent, you […]
https://pbatesfs.co.uk/wp-content/uploads/2017/04/childrenrz.jpeg6671000Sarah Lowehttps://pbatesfs.co.uk/wp-content/uploads/2016/02/logo-fs-1.pngSarah Lowe2017-04-12 14:12:092017-04-12 14:12:09Earn more than a £60,000 salary? Make sure you opt out of child allowance
Philip Bates & Co Financial Services has issued a stark warning to those who have included a discretionary nil rate band trust in their wills. Changes introduced by the Government on 6th April means having done so may mean missing out on the new family home allowance. We will now see the inheritance tax nil-rate […]
https://pbatesfs.co.uk/wp-content/uploads/2017/04/DOCS-SML.jpg10002000Sarah Lowehttps://pbatesfs.co.uk/wp-content/uploads/2016/02/logo-fs-1.pngSarah Lowe2017-04-12 14:05:582017-04-12 14:05:58Have you included a discretionary trust in your will?
Our long-serving office administrator Sheila Ewing is retiring in July after more than 20 years’ with Phillip Bates Financial Services and, prior to this, our sister business, Phillip Bates & Co. We are therefore starting to recruit Sheila’s successor. Excellent office administration skills allied to experience in the financial services sector are required for this […]
The last couple of weeks have seen the longest run of daily rises on the FTSE 100. For 14 consecutive days, the FTSE climbed that little bit further, eventually peaking at 7,338 points. In total, the FTSE achieved a new record level by the close of business each day from December 28th until Friday 13th […]
Dividend tax blow announced for shareholders and business owners
/0 Comments/in News /by Sarah LoweLast month’s Budget saw the news that 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 announcement also affects investors who have portfolios of shares held outside Isas or pensions. The change will come into effect in April 2018. […]
Earn more than a £60,000 salary? Make sure you opt out of child allowance
/0 Comments/in News /by Sarah LoweWe all know that, should your or your partner’s individual income exceed £50,000, you must pay a tax charge on your child allowance. But many people earning a salary of more than £60,000 aren’t claiming child allowance at all, and this could be having a significant impact on their state pension. As a parent, you […]
Have you included a discretionary trust in your will?
/0 Comments/in News /by Sarah LowePhilip Bates & Co Financial Services has issued a stark warning to those who have included a discretionary nil rate band trust in their wills. Changes introduced by the Government on 6th April means having done so may mean missing out on the new family home allowance. We will now see the inheritance tax nil-rate […]
Office Administrator Needed
/0 Comments/in News /by Sarah LoweOur long-serving office administrator Sheila Ewing is retiring in July after more than 20 years’ with Phillip Bates Financial Services and, prior to this, our sister business, Phillip Bates & Co. We are therefore starting to recruit Sheila’s successor. Excellent office administration skills allied to experience in the financial services sector are required for this […]
Record rises on FTSE 100
/0 Comments/in News /by Sarah LoweThe last couple of weeks have seen the longest run of daily rises on the FTSE 100. For 14 consecutive days, the FTSE climbed that little bit further, eventually peaking at 7,338 points. In total, the FTSE achieved a new record level by the close of business each day from December 28th until Friday 13th […]