One interesting side effect of the CGT row is the fact that is has brought the commission system used by the Independent Financial Adviser industry to a wider audience. I bumped into an equity trader …
Why this commission system is an outrage
Category: Personal Finance
Tax: simple is good
Here’s unexpected news. Simon Nixon and I agree on something: we both rather approve of Alistair Darling’s changes to the capital gains tax. You can read my views on it in detail here (The truth about …
Why you should ignore the CGT whiners
This article is taken from Merryn Somerset Webb’s free weekly personal finance email, Money Sense. Click here to sign up now: Money Sense There’s been nothing but complaints – and as the days go by …
Tax dodge of the week: slash your CGT bill to zero
Britain’s estimated 600,000 buy-to-let investors and second-home owners were “handed a potential £4bn tax boost” in last week’s Pre-Budget Report, says Clare Francis in The Sunday Times. From 6 April 2008, taper relief will be …
Why has Darling’s sensible-sounding proposal enraged almost everyone?
It’s hard to underestimate the anger in the City over Alistair Darling’s decision to introduce a flat 18% rate of capital gains tax. I’ve been bombarded with emails from fuming entrepreneurs and shareholders. For the …
Avoid the pain of a visit to the dentist
Dentistry in the UK is painfully expensive. A Government survey has found that one in five of us go without dental treatment because of the cost. Assuming you’re not among the 6% who claim, rather …
Darling’s daring tax reforms
What’s happened? Alistair Darling has announced a major overhaul of the capital-gains-tax (CGT) regime. The rate of tax on profits from asset sales by individuals and trusts will be a flat 18% from 6 April …
Tax vs happiness: The real reason people marry
It is nice that politicians are coming around to the idea that marriage is a good thing for the very simple reason that it is: being married is better than not being married in pretty …
The truth about the IHT rule changes
This article is taken from Merryn Somerset Webb’s free weekly personal finance email, Money Sense. Click here to sign up now: Money Sense There has been much talk about how Alistair Darling has doubled the …
Beware the salesmen masquerading as advisers
This article is taken from Merryn Somerset Webb’s free weekly personal finance email, MoneySense. Click here to sign up now: MoneySense I wrote an article in the Sunday Times a few weeks ago which has …