Archive for the ‘Financial Planning’ Category

Image courtesy of Flickr_Pink Sherbert Photography

In Focus Spring 2020

The COVID-19 pandemic has forced an international shut down of most everyday life and business. The Chancellor has already announced two rounds of measures to support the UK economy in addition to the emergency budget. In the Spring issue of In Focus we also look at five years of pension flexibility, the national living wage [...]

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Image Courtesy of Flickr_Ishan Manjrekar

Covid-19 measures: Main provisions for the self-employed

On Thursday 26 March, Chancellor Rishi Sunak made his long-awaited statement about the Covid-19 government support scheme for the self-employed, called the Self-employment Income Support Scheme (SEISS). Reports suggest that the announcement had been slow to arrive because of the greater difficulty in structuring and running a scheme that relied on annual information (via tax [...]

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Image courtesy of Flickr_Pink Sherbert Photography

Covid-19 Measures – March 2020

The 11 March Budget from the new Chancellor, Rishi Sunak, included £7 billion of expenditure targeting the impact of Covid-19 on employees, the self-employed and businesses. On 17 March a further raft of measures was announced, amounting to an additional £20 billion of support expenditure plus £330 billion of loan guarantees. By 20 March another [...]

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Rest assured, we are open for business

In response to the rapidly developing Coronavirus COVID-19 situation we would like to ensure clients that our business can, and will, continue to operate remotely effectively. We have tested our business continuity plan and all direct lines will be transferred to mobiles – and all staff have full remote access to IT systems to ensure [...]

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PK Partnership Mortgage

Budget Snapshot 2020

The Budget Statement was delivered today at 12.30pm by the new Chancellor of the Exchequer, Rishi Sunak. The last Budget was in November 2018. Records suggest the last calendar year before 2019 without a UK Budget was 1768, the year James Cook set sail on his first voyage to the Pacific.   About the Budget [...]

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Wishing you a Merry Christmas from all at PK Partnership

Please note our offices will close for Christmas on 24th December at 1pm and reopen on 2nd January.   Instead of posting Christmas cards we will once again be making a donation to our chosen charity OKAS (Old Kampala Alumni Scholarship Fund). Please click here to read progress and success stories from the students themselves. [...]

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PK Partnership Mortgage

In Focus Autumn 2019

In the Autumn issue of In Focus, we look at: • potential changes to Inheritance Tax that could impact your estate planning • taking the long view on your investments • future proofing your retirement finances • setting up a Lasting Power of Attorney (LPAs) • a tightening of the rules on Capital Gains Tax [...]

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Image courtesy of Flickr_Pink Sherbert Photography

Moving the 65-yard line

Sixty-five years old has long been considered a pivotal age. For example, the Office of National Statistics splits the labour market into two main categories: aged 16 to 64 and aged 65 and over. Some concessionary prices are based on having reached age 65, which is still widely thought of as the age when men [...]

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PK Partnership Budget Savings and Pensions

How much is enough for pension contributions?

Pension contributions have recently risen for many people, but the increase may still not be enough to fund a comfortable retirement.   he latest round of pre-planned increases to minimum contribution rates under automatic enrolment (AE) workplace pensions came into effect in April. If you are one of the 10 million people who have been [...]

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PK Partnership Mortgage

Dividends riding high, but…

The value of regular dividend payments has increased steadily after the financial crisis of 2008. Dividends paid out by UK-listed companies through to 2018 rose by 85%, with £19.7 billion paid out in the first three months of 2019 – a first quarter record according to Link Asset Services. In May, however, a number of [...]

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