Q. My wife and I live in a house which is worth £1.5million, so we were pleased when the Chancellor announced that an extra amount of our estate would be free from inheritance tax on our deaths. Now one of my neighbours tells me we may not qualify for this exemption. Can you explain? A…. Read more »
Topic’s covered this week: Falling US$ and rising oil prices vs. central banks’ cautioning Markets balk as central banks stop easing because economic conditions improves Global trade – comparatively better or worse off? Corporate news: Amazon and Facebook improve, Apple and Google disappoint, while UK high street loses 2 formerly big names Europe enters the… Read more »
Q. I have had my payslip through and the amount of National Insurance I am paying seems to have gone up considerably. Why didn’t I hear something about this, as it seems like a tax increase? A. I am guessing that you are a member of a pension scheme which was contracted-out of the State… Read more »
Topic’s covered this week: Politics, politics and politics but markets grind higher regardless Global economic outlook update China: Moving towards a more sustainable growth path Tough week for technology Personal Finance Compass For the latest Market Comment please click below: Tatton’s Weekly 22 April 2016
Q. I am approaching 65, my wife is 63, and we have a shortfall on the savings plan to repay our mortgage, which stands at £40,000 when it is due in a few months time. The value of our home is £300,000. We could move to a smaller property, but we are very settled in… Read more »
