The return of interest payments to savers

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

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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

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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

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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,

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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

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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

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