News

Welcome to our Blog. Your one stop shop to keep up to date with all the latest goings on!!

The Ministry of Justice has announced changes to Probate Fees from April 2019. Current Fees: £215. £155 if applying through a solicitor. No fee if Estate is valued at less than £5,000. New fees (subject to Parliament approval): Assessed value of Estate Fee £50,000 - £300,000 £250 £300,000 - £500,000 £750 £500,000 - £1M £2,500 £1M - £1.6M ...

Tax, IHT

The Pensions Regulator (TPR) is reminding employers that from 6 April 2019, the amount that will need to be paid into a workplace pension will increase to an overall minimum of 8%, with employers contributing at least 3% of this total amount. TPR is now starting to write to all employers to remind them of their duties. TRP website provides further information on the increases ...

On Wednesday 12th December 2018 the Ward Williams Financial Services team, joined the Surrey Wildlife Trust and other companies on a festive day to help remove invasive Scotts Pine from the heathland of Chobham Common. The importance of the maintenance of this rare heathland was explained to us - Lowland heathland is only found along the fringes of northern Europe and is prote ...

The Office of Tax Simplification (OTS) has published the first of two reports on inheritance tax. The first report sets out an explanation of the issues and complexities of IHT, gives an overview of concerns raised by the public and professional advisors during the review and then makes recommendations. This first report examines the administrative issues that people complain ...

IHT, Tax

According to statistics published by HMRC more than 180,500 first-time buyers have benefitted from First Time Buyers Relief (FTBR). The relief introduced in November 2017 has saved eligible first-time buyers an estimated total amount of more than £426 million. Mel Stride MP, Financial Secretary to the Treasury, said: ‘These statistics show that the government was right to off ...

As independent financial advisers we will be the first to emphasise that securing your own financial wellbeing when you stop working for whatever reason is a fundamental part of financial planning. However, for those individuals who are in the fortunate position of regularly saving an adequate sum for their own retirement and still have some surplus income, other goals and “nic ...

At the Budget, the Chancellor announced that increases to the personal allowance and basic rate band for 2019/20. The personal allowance is currently £11,850. The personal allowance for 2019/20 will be £12,500. Also for 2019/20, the basic rate band will be increased to £37,500 so that the threshold at which the 40% band applies is £50,000 for those who are entitled to the full ...

On Monday 29th October 2018 we held a Charity Halloween Cake Bake in aid of our sponsored charity, Surrey Wildlife Trust, at our offices in Weybridge, Uxbridge and Sunninghill. We received some astounding savoury and sweet entries including two spider and cobweb cakes, a graveyard, eyeball cake pops, a mummified sausage pie and even a green unicorn with a witch’s hat! All the ...

The Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018. In his speech he stated that ‘austerity is coming to an end - but discipline will remain’. He also promised a ‘double deal dividend’ if the Brexit negotiations are successful but stated that there may be a full-scale Spring Budget in 2019 if not. You can find more information on the Bud ...

The Chancellor of the Exchequer, Philip Hammond, has announced that the Budget will take place on Monday 29 October. Breaking with the tradition of a Wednesday in November, perhaps in a bid to avoid the ongoing Brexit negotiations, the government is expected to set out its plans ‘to build a stronger, more prosperous economy, building on the recent Spring Statement and last yea ...