Happy new tax year
Today (6th April) marks the start of the new tax year. This means you can now start contributing towards your 2013/14 ISA or a Junior ISA (JISA).
Farrell Financial Planning have updated their ISA and Junior ISA pages to reflect …
Scottish independence referendum date announced
The Scottish independence referendum will be held on 18 September 2014.
Scottish ministers previously only said the referendum would take place in autumn 2014.
The announcement was made by First Minister Alex Salmond in the Scottish Parliament in Edinburgh.
Scottish …
New ISA limits for tax year 2013/14
The ISA investment allowance for the tax year 2013/14 will be raised to £11,520.
Up to £5,760 of that allowance can be saved in a cash ISA.
The remainder of the £11,520 can be invested in a stocks and shares …
Inheritance tax returns to the deep freeze
Inheritance tax thresholds are set to stick at £325,000 for individuals and £650,000 for couples for three years from 2015.
The good news is that with proper planning inheritance tax can potentially be reduced or even avoided altogether.
Farrell Financial …
Is your money going up in smoke?
A packet of 20 cigarettes costs around £7.72. If you smoke a pack a day and are thinking of giving up, you could invest around £2,817 a year and stop your money going up in smoke.
Investing for your future …