Logic Financial Services News

Guy’s grapevine

Every year I go cycling for charity – various distances, different challenges, all great causes.

The other thing these events all have in common is the encouragement I get from the rest of the Logic team…like

should you really wear lycra at your age?“,

try and get through fewer Mars bars

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The dividend allowance cut – what’s the damage?

Dividend-One of the few surprises in the March Budget was the announcement of a cut to the dividend allowance to come in from 2018/19.  

The dividend allowance first saw the light of day in the post-election Budget of July 2015.

 

 

It was designed primarily to discourage self-employed business owners from using

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The rising dividend and the falling pound

Dividends vs falling poundRecently released figures show that UK dividends grew faster than inflation in 2016.

The number crunchers at Capita Asset Services, one of the UK’s main share registrars, have been working out how much was paid out in dividends by UK listed companies in 2016.

 

The number they have

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U-Turn (if you want to)

U turn on self employed NICs

 

Just days after his (one & only) Spring Budget, the Chancellor announced that he would not after all go ahead with his proposal to increase the National Insurance Contribution rates for self-employed people.

During the Budget on 8 March 2017, he had announced that Class 4 NIC

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The Chancellor’s first – and last – Spring Budget

budget-blocks

 

You were in luck if you picked the word ‘fairness’ as part of the office Budget bingo sweepstake. The Chancellor, Philip Hammond, used the word liberally in his hour-long Budget speech to the House of Commons.

He announced measures to level the tax playing field, and reiterated that the income tax

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Take the time to check!

fca-scam-smart (image for article)


If you are contacted by someone offering an investment out of the blue, it is likely to be a scam. So put down the phone and delete that email straightaway!

Recent pension freedoms and low interest rates offering poor returns on savings are making those over 55 an increasingly

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