“UK football icons Beckham, Lineker among losers in film investment case ruling”

Jan 3, 2018 | Investments

An independent (financial adviser’s) view

When high earning footie and TV stars try to hang on to more of their earnings and then get hammered for tax, not many will be hiring out church basements and forming support groups for them. The more serious principle, and reason we should spare the poor chaps a thought, is that they were told (by the then Labour government) that if they took a punt on a few films, they could save some tax.  Now that they have actually saved tax (in some cases 17 years ago, the goalposts have been moved. It’s that goalpost-moving which could be extended exponentially if the government gets still-more desperate to increase the tax-take. And I doubt that Messrs Beckham and Lineker will get much sympathy  from the current Labour leadership.

Read more here

 

“Cash ISA allowance could be cut this month”

“Cash ISA allowance could be cut this month”

Our mantra has long been ’straightforward advice that you can understand’. That can mean trying to simplify the many complex products and options with which the world of finance tries to befuddle its target audience.

“Will the Bank of England Cut UK Interest Rates Again in 2025?”

“Will the Bank of England Cut UK Interest Rates Again in 2025?”

It’s easy to forget that five years ago the Bank of England Base Rate was at an all-time low of 0.1%, and only rose above 1% with the arrival of Liz Truss later in 2022. Something of which we often have to remind those who, when looking at how their investments have fared over the same period after yet another Trump Tweet has pushed markets in one direction or another, tell us ‘we could have been getting 4% a year if we’d left it all in the bank’.