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 […]
In our November newsletter, we revealed just how dramatically the value of some final salary pensions have risen since the Brexit vote last summer. Pressures on some pension schemes had led to some making hugely inflated offers to people to swap future income for a cash lump sum. We have seen cases where the transfer […]
Earn more than a £60,000 salary? Make sure you opt out of child allowance
/in NewsWe 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?
/in NewsPhilip 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
/in NewsOur 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
/in NewsThe 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 […]
Final Salary Pension Latest
/in NewsIn our November newsletter, we revealed just how dramatically the value of some final salary pensions have risen since the Brexit vote last summer. Pressures on some pension schemes had led to some making hugely inflated offers to people to swap future income for a cash lump sum. We have seen cases where the transfer […]