Into the ice age: the diminishing personal allowance
The frozen personal allowance may be overtaken by the new state pension in only a few years, proving the income tax screw is well and truly tightening.
2023 inflation forecast: The only way is down?
Inflation surged in 2022, but can it reverse in 2023? Source: ONS, Eurostat, BLS. Inflation forecasters were way off target for 2022. For example: • In December 2021, the Bank of England’s Monetary Policy Committee said “CPI inflation was expected…
Caught by the additional tax rate taper trap
A growing number of taxpayers are being caught by the personal allowance taper, which will be exacerbated by the reduced additional rate tax threshold of £125,140. With many also questioning why the new threshold is not a round number, a…
Investment wrap-up 2022
In 2022, most of the world’s major share indices had their worst year since 2008, but the UK’s FTSE 100 was a star performer. Yes, the table is correct. In the year of three Prime Ministers, four Chancellors, a catastrophic ‘mini-Budget’…
Your New Year Financial Planning Checklist
2022 was an eventful year, giving you good reason to think about your financial planning for 2023. This year we saw three prime ministers, four chancellors, no formal Budget (even if the Autumn Statement looked remarkably like one), high inflation,…
Looking for alternative Christmas presents?
Why not consider a different kind of gift for your children or grandchildren this Christmas – perhaps one with a financial twist? According to a prediction made by Hamleys in October, among some of the top bestselling toys this Christmas…
Referrals Donations – Our pledge to the community
Our support to charities and the community through referrals As a family-run business, we believe in looking after our team and our clients. It is important to support charities and our local communities in every way possible. For this reason,…
Confused on claiming residence band relief?
Working through inheritance tax (IHT) requirements has come at a difficult time. The provisions of the residence nil rate band (RNRB), which can be passed on between deceased spouses and civil partners, has caused some confusion. Any unused residence nil…
Peterborough Business Awards 2022 – Small Business of the Year 2022!
Small Business of the Year Last night Henson Crisp attended the Peterborough Telegraph’s Business Excellence Awards as a finalist in the Small Business of the Year category. The glamorous black tie event saw compere Kev Lawrence from PCR FM; joined…