by Town Close Financial Planning | Feb 4, 2020 | Tax News
Paying tax is a necessary part of earning income and being part of a society. That is accepted. But while you may have thought that the top rate of tax is 45 per cent, there are hundreds of thousands of people paying 62 per cent due to an odd quirk in the system. This... by Town Close Financial Planning | Mar 5, 2019 | Tax News
New data reveals that thousands of widows are missing out on valuable tax breaks on money inherited from their late husbands or wives. In 2015, the government introduced a new rule that allows spouses to claim an extra ISA allowance. This allowance, known as an... by Town Close Financial Planning | Feb 3, 2019 | General News, Guest Post, Tax News
Howard Marks might be the most successful long-term investor you’ve never heard of. CLICK HERE for his latest memo, the purpose of which is to describe what happens when political behaviour collides with economic reality. Be warned, it’s long and technical... by Town Close Financial Planning | Sep 10, 2018 | General News, Tax News
By 2030, it is estimated that one in five jobs in Britain will be automated. When you consider that the workers currently doing these jobs pay income tax, this may pose quite a problem for HMRC. One solution that has been suggested is that of a ‘robot tax’. You could... by Town Close Financial Planning | Aug 22, 2018 | General News
Hands up if you’re looking forward to the day when the deal (or no deal) is finally done? There’s not long to go now and what a blessed relief it will be to turn our attention to President Trump’s romp to re-election. Although, I’d be tempted...