Q. I have £12,000 to invest before the end of the tax year. I am 53 years old, and a higher rate taxpayer. Would you suggest an ISA or a Personal Pension contribution? A. The short answer is “Yes”. Both ISAs and Personal Pensions are tax-efficient ways to invest, and with the changes in April meaning that… Read more »
Topics covered this week in the attached: We unwind our bond barbell – why? UK’s fundamentals improve – but dis-inflation points to later first rate rise US growth engine resumes momentum Europe looks to be turning a corner Oil contango highlights global oversupply 2nd Ukraine ceasefire deal – will this one hold? Currency wars update;… Read more »
Q. I have just been issued with a mobile phone by my employer (not at my request) and am concerned it will end up costing me money as I believe I will have to pay tax on it. I don’t really need a mobile phone and feel my employer should pay any tax I will… Read more »
Topics covered this week in the attached: 20% Rally in oil prices – is investor sentiment turning positive? Greece: ECB and Germany inject some reality People’s Bank of China acts decisively to boost growth Currency wars update: Denmark has to keep fighting! Saudi Arabia’s new king unleashes $29 billion fiscal stimulus Personal Finance Compass For… Read more »
Q. I have heard that it is possible that inflation will become negative in future and this could be a bad thing. Can you explain why it is not good for things to become cheaper? A. Deflation is the term for the opposition of inflation, and relates to prices becoming lower year on year. Based on the… Read more »
