Welcome to our Blog. It's our aim at French & Associates to offer reliable financial advice, up to date advice and helpful information.
NMW and Directors The national minimum wage (NMW) rates rose on 1st April 2018. Are you certain you know what pay rise you must give to employees and whether the directors should be included in those calculations? The five NMW rates depend on each employee’s age and whether they are on anRead more
What’s the difference between saving and investing? It’s easy to confuse saving and investing. Although the goal of both activities is to grow your wealth, saving and investing are quite different. Saving involves putting cash into a savings account and (hopefully) adding to it regularly. Your capital is not at risk andRead more
The Alternative Investment Market Individual Savings Accounts (ISAs) are tax free? Many investors are not aware that when they die their ISAs are treated as part of their taxable estate and could be liable for the 40% tax charge. To potentially avoid this not so insignificant liability, investing into portfolio shares onRead more
Beware of the Crypto currency hype Companies are trying to jump on new opportunities created by crypto currencies and the technology that drives them. Investors need to take care. “Those who cannot remember the past are condemned to repeat it”, as the philosopher George Santayana famously wrote. What is happening in marketsRead more
End of year tax planning Pension for 2017/18 You are allowed to make a contribution of up to £40,000 (gross) to a pension scheme. This can be an employer's contribution, personal, or a combination of both. Unused allowances from the previous 3 tax years can be brought forward. For personal contributions tax reliefRead more
This month we look at how to protect yourself against the Lifetime Allowance Charge, the forthcoming revisions to pension tax and the new debt recovery powers of HMRC. Thursday, 1st January 2015 Pensions reminder: Protect against the Lifetime Allowance Charge George Osborne has introduced protection against theRead more
Premium Bonds, the benefits of using a Discretionary Fund Manager and the best way to plan and pay for your funeral arrangements.
This month we look at the new mortgage market review process, Premium Bonds, the benefits of using a Discretionary Fund Manager and the best way to plan and pay for your funeral arrangements. Sunday, 1st June 2014 Impact of the new Mortgage Market Review (MMR) process The newRead more
Year End Planning. This month we look at tax planning, auto-enrolment, tax relief on pensions and annuities Saturday, 1st February 2014 The start of the year is the perfect opportunity to review your tax affairs and finances since it is the lead up to the end of the tax year onRead more
Monday, 7th October 2013 This month we look at child trust funds and long-term care Transferring Child Trust Funds to Junior ISAs Since eligibility for new Child Trust Funds (CTFs) ended in January 2011, with the Junior ISA introduced as a successor accountRead more
Monday, 1st April 2013 What do the changes to the State Pension mean for you? As part of its plan to give people clarity about what they can expect to receive when they retire or reach old age, the government is introducing a single-tier State Pension from 2016-17. To qualify for theRead more