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Summary of 2013 Budget

Another year, another austere Budget.   As usual, I'm pleased to provide the following overview of the main points, with some thoughts and balanced opinions thrown in.   Overall, the headline figures (growth, deficit, borrowing) were as bad or bleaker than previously hoped, but I don't think anyone's surprised by that.   Here are some of the main points (in no particular order): - Help for small businesses: a new 'Employment Allowance'...

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Quarterly Private Client Newsletter: March 2013

I'm pleased to publish the latest edition of our Private Client Newsletter, incorporating some important tax planning ideas for the end of the tax year.   We also try to illustrate yet more short-comings from active fund managers, most of whom appear to have been taken by surprise by the strongest start to the year for stocks since the 1980s. If the professionals can't get it right, we'd...

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