After the excitement of the past week, with politicians throwing themselves on the funeral pyre of insanity, it’s time to turn to more mundane, but important, matters. Yes, I’m talking about Inheritance Tax, or IHT as the professionals call it. There are signs that many professional advisers are beginning to get a bit concerned about […]
Archives for 2022
FCA fines Barclays provisional £50m over Qatari deals
The FCA has fined Barclays plc and Barclays Banks a provisional £50m over dealings with Qatari investors. Barclays has appealed the FCA decision notices to the Upper Tribunal so any fine is provisional. The Financial Conduct Authority fined Barclays a total of £50 million for failing to disclose certain financial dealings with “Qatari entities” as part of […]
Advisers concerned about IHT ‘stealth tax’ threat
Financial advisers and industry experts have expressed concern about the ‘stealth tax’ threat from Inheritance Tax after receipts grew to £3.5bn for the latest six month period, up £400m year on year. Latest HMRC figures out today show a rapid rise in IHT receipts in recent years. Julia Rosenbloom, tax partner at Evelyn Partners, warned that […]
Delaying your Social Security has rarely been this profitable
Reaction as Prime Minister Liz Truss resigns
Prime minister Liz Truss resigned at lunchtime today. In a statement in front of No.10 Downing Street at just after 1.30pm, she said she was unable to take her mandate forward and was standing down. Ms Truss was elected six weeks ago but was beset by criticism, particularly of the disastrous mini-Budget presented by former Chancellor […]
Reaction as Prime Minister Liz Truss resigns
Prime minister Liz Truss resigned at lunchtime today. In a statement in front of No.10 Downing Street at just after 1.30pm, she said she was unable to take her mandate forward and was standing down. Ms Truss was elected six weeks ago but was beset by criticism, particularly of the disastrous mini-Budget presented by former Chancellor […]
Kitces & Carl Ep 97: Talking Clients Down From Making Politically Motivated Portfolio Changes
In recent years, politically charged topics have become the forefront of news and media, and with the rise of access to digitally distributed media, it has become commonplace for clients to have concerns about the possible impact of political events on their portfolios. These concerns have compelled many clients to reach out to their advisors, […]
Kitces & Carl Ep 97: Talking Clients Down From Making Politically Motivated Portfolio Changes
In recent years, politically charged topics have become the forefront of news and media, and with the rise of access to digitally distributed media, it has become commonplace for clients to have concerns about the possible impact of political events on their portfolios. These concerns have compelled many clients to reach out to their advisors, […]
How Vinod Shah & Co is embracing cloud accounting to reach their paperless goal
Accounting has been revolutionised many times over with the emergence of new technology. From calculators to Excel spreadsheets, accountants wouldn’t have gotten far if they weren’t willing to adapt for the good of their practices and their clients. For Ravi Shah, partner at Vinod Shah & Co, change is being embraced in a practice that […]
