Pension taper zone, three day weekend, & pound sterling bounce back

Welcome to the latest roundup from our experts and thought leaders here at Informed Choice, with latest news and unique insights from our team.

Nick Bamford – Are you caught in the pension taper zone?
With the start of a new tax year tomorrow, one pension change being introduced is a reduction in the money purchase annual allowance, from £10,000 to £4,000. This lower annual allowance applies to anyone who has flexibly accessed money purchase… Read more

Shelley McCarthy – What would you do with a three day weekend?
This is an interesting proposal from the Green Party. Appearing on BBC One’s Andrew Marr Show on Sunday, the co-leaders of the Green Party explained their proposals to introduce a three day weekend. Jonathan Bartley and Caroline Lucas presented the… Read more

Martin Bamford – Lasting and enduring power of attorney fees reduction
At the start of this month, the registration fees for lasting powers of attorney (LPA) and enduring powers of attorney (EPA) were reduced.Effective 1st April 2017, the fee was reduced from £110 to £82. The fee for re submission was reduced from… Read more

Martin Bamford – Will the Pound bounce back this year?
I’ve still not managed to get my hands on the new £1 coin. Despite asking at the checkout at every shop I visit, this new coin appears to be rarer than hen’s teeth. Perhaps they just haven’t made it down to Cranleigh yet? When it is acquired for my… Read more

Shelley McCarthy – 5 things you didn’t know about the new inheritance tax allowance
This article from Money Observer is a useful reminder of some of the key features of the new inheritance tax allowance on property.From next week, individuals start to receive an additional nil-rate band for inheritance tax on their home, known as… Read more