Private Residence Election – update

03/12/2014

Principal Private Residence election update We would refer you to our article back in June 2014, when we reported that the Government and HMRC were looking to withdraw this election, although contentiously this arose due to HMRC’s plans to extend Capital Gains Tax (CGT) to non- residents on the disposal of UK residential property. A…

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Autumn Statement 2014 – tax changes

03/12/2014

Summary of tax changes announced in Autumn Statement 3 December 2014 Income tax free allowance increased to £10,600 for 2015/16 and rate of inflation increase also passed to higher rate taxpayers with the higher rate tax band raised to £42,385. Transfers of ISAs to surviving spouses introduced so ISA status maintained and spouse can inherit…

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Pension Changes 2015

03/12/2014

The Chancellor has made further changes in the Autumn Statement to improve the attractiveness of pensions. The 2014 budget proposals for pensions were already far reaching and will change the pensions’ landscape. The new rules increase the importance of pensions in Inheritance Tax Planning. The changes are all due to take effect from 6th April 2015. The…

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Charity Gingerbread

03/12/2014
Charity Gingerbread

The team at websters in Cambridge held a charity competition to decorate gingerbread men; competition was serious as icing was rolled and decorations were sprinkled.  Staff raised £100 which has been donated to the The Elouise Keeling Asthma Trust.   The Trust was set up in memory of Elouise with the aim of reducing suffering of…

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