UK inflation rate remains negative in October 2015
The Consumer Prices Index (CPI) measure of inflation remained at -0.1% in October, according to the Office for National Statistics.
The Retail Prices Index (RPI) fell to 0.7% in October from 0.8% in September 2015.
Farrell Financial Planning does not …
Is working for HM Revenue and Customs taxing?
In a bid to improve performance at the UK’s tax authority, HMRC are taking on staff to work in the evening.
This decision comes after Lin Homer chief executive of HMRC, apologised again to a committee of MPs for the …
Over 5 million mortgage holders at serious risk
5.2 million UK mortgage holders who earn an income have no plan in place to cover their mortgage repayments if they become too ill to earn*.
Of this figure, 1.8 million admit they have not given any thought to protecting …
Happy new tax year
Today (6th April) marks the start of the new tax year. This means you can now start contributing towards your tax year 2015/16 ISA and pension.
Farrell Financial Planning are in the process of updating their ISA and pension pages …
Pension lifetime allowance reduction
The pension lifetime allowance (LTA) will be reduced to £1m in April 2016.
This reduction could have a serious impact on pension savers with large pension pots. It is important to take independent financial advice from experts to ensure your …