Insights

VCTs and EIS will no longer be able to invest in a company that is more than 12 years old, except where the investment will lead to a substantial change in the company’s activity, or where where the total investment represents more than 50 per cent of turnover averaged over the preceding five years.

New fully Flexible ISAs will allow savers from Autumn 2015 to withdraw from their Cash ISA and reinvest into it in the same year without any loss of tax benefits.

When new pension freedoms are introduced next month in April 2015, many clients are considering the merits of withdrawing cash from pensions to buy residential property to let, as an alternative to the traditional option of buying a pension annuity.

Over the past few months, uncertainty over the future of the Eurozone has mounted following fears of a Greek exit (‘Grexit’).

On Tuesday 24 February, the FTSE 100 reached a record high, closing at 6950.

The major Economic story in January was the announcement of 1 trillion euros of stimulus by the ECB in an attempt to boost economic growth.

An opportunity has arisen for a Client Service Administrator to join Seabrook Clark.

We are delighted to announce that as part of our continued growth, Bryony Noad has joined our team as a graduate trainee.

Pensioners would be able to surrender annuities for a cash lump sum under proposals announced by Steve Webb, Pensions Minister, affecting potentially up to 5 million pensioners in the UK and around £11bn annual pension income.

The maximum amount you can contribute to a pension and benefit from tax relief is limited by the annual allowance of £40,000 (2014/15) or your earnings if lower.

The new single-tier State Pension is due to come into force in April 2016.