UK loses prestigious AAA credit rating
- By Joe
- Credit rating, Economics
- On April 21, 2013
- No Comments.
International rating agency Fitch has downgraded the UK’s credit rating from AAA to AA+.*
There are several ‘credit rating agencies’ who publish credit ratings. These include Standard & Poors (S&P), Moody’s and Fitch. Each agency will form their own opinion …
Inheritance tax returns to the deep freeze
- By Joe
- Economics, Politics, Tax
- On March 21, 2013
- No Comments.
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 …
Budget 2013 sparks ‘second home subsidy’ row
- By Joe
- Economics, Politics
- On March 21, 2013
- No Comments.
A 2013 budget initiative aimed at helping people get on the housing ladder has caused a row to erupt over whether it could be used to fund the purchase of second homes.
The initiative is designed to assist people with …
How does the 2013 budget affect beer drinkers?
- By Joe
- Economics, Politics, Tax
- On March 20, 2013
- No Comments.
The alcohol duty escalator was scrapped on beer and duty cut by 1p.
The alcohol duty escalator will still remain for wine and spirits.
Farrell Financial Planning are Glasgow based independent financial advisers (IFAs) and encourage only responsible drinking.
Farrell …
How does the 2013 budget affect personal allowance?
- By Joe
- Economics, Politics, Tax
- On March 20, 2013
- No Comments.
The personal allowance for under 65 year olds is set to rise to £10,000 on 6 April 2014.
In the interim, the personal allowance for under 65 year olds is set to rise to £9,440 on 6 April 2013.
These …
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- Bank of England cuts interest rates to 4.25%
The personal allowance for under 65 year olds is set to rise to £10,000 on 6 April 2014.
In the interim, the personal allowance for under 65 year olds is set to rise to £9,440 on 6 April 2013.
These …
- UK inflation rate falls to 2.6% in March 2025
The personal allowance for under 65 year olds is set to rise to £10,000 on 6 April 2014.
In the interim, the personal allowance for under 65 year olds is set to rise to £9,440 on 6 April 2013.
These …
- Bank of England holds interest rates at 4.5%
The personal allowance for under 65 year olds is set to rise to £10,000 on 6 April 2014.
In the interim, the personal allowance for under 65 year olds is set to rise to £9,440 on 6 April 2013.
These …