IS THIS GOOD NEWS? In the last 6 months or so we have seen the return of interest being paid on most deposit accounts. This is positive news finally for surplus cash on deposit although
Spring Budget 2023
Pensions & Investments Changes to Pensions Allowances Rumours in advance of today’s budget suggested that the Chancellor would raise the pensions Lifetime Allowance (LTA) from the current £1,073,000 to £1,800,000. The rumour mill also predicted
How changes to investment tax could impact you!
Capital Gains Tax – What did the chancellor say? While he announced that Capital Gains Tax (CGT) rates will remain unchanged, the Annual Exempt Amount (AEA) will reduce from its current level of £12,300 to
Merry Christmas & Happy New Year
The Partners and staff of Dodd & Co and Dodd Wealthcare would like to wish you a very Merry Christmas and Happy New Year! Our offices will be closed from 12.30pm on Friday 23 December,
Why do I need Income Protection?
Income protection can typically cover up to 60% of annual earned income before tax. Dividend income can be included in this total income amount providing it is clearly related to work activities as well as
An update on inflation
On 4 August 2022, The Bank of England announced that the Monetary Policy Committee had decided to increase the base interest rate from 1.25% to 1.75%, in a bid to tackle high inflation and the