Civic Federation’s Post

On 30 October 2024, Labour will unveil its first Budget, with speculation on changes to Capital Gains Tax, Inheritance Tax, pensions, and employer contributions. Businesses are keen to see if these will affect their planning and spending. Read our article about what might be coming and how it could affect you 👇 #AutumnBudget #AutumnStatement #Budget2024

Today, Chancellor Rachel Reeves delivered Labour's first budget in nearly 15 years, marking a historic moment with significant fiscal changes aimed at restoring economic stability and investing in the future.     With tax-raising measures totalling an additional £40billion, increased minimum wages and potentially significant changes to pensions, we've provided some of the key takeaways below.     However, the devil is always in the detail and once we have had a chance to digest this, our full budget summary will follow via email. If you would like to receive a copy of this, please let us know.     #ebcamfinancialplanning #ebcamemployeebenefits #Budget2024 #LabourBudget

Pensions, tax, regulation and financial education are just a few of the areas advisers want the next government to focus on. Thank you to all the advisers who contributed to this piece! I’m sure there will be much more Genny Lec coverage to come… #generalelection #financialadvice https://lnkd.in/eCKgtqaN

What Labour’s Win Means for Your Money 👇 With Labour’s recent win in the General Election, big changes could be on the horizon for your Taxes and Pensions! From a proposed Lifetime Pensions system to potential shifts in Pension Tax relief and Capital Gains Tax, there’s a lot to consider. Our most recent Wealth Management Update explores these proposed changes and brings you up to speed on what you need to be aware of. Read it here: https://lnkd.in/eT_hZJzQ Get in touch with us below, and see the difference proper planning can make to your Financial future: 📞: 029 2045 0143 ✉️: info@penguinwealth.com 💻: www.penguinwealth.com #Finance #Financialadvice #Financetips #Wealth #Wealthmanager #FinancialServices #WealthManagement #Cardiff

We are back with another #WealthWednesday ✨ In October, the new Labour government announced changes to how pensions will be treated for inheritance tax (IHT) purposes. In our latest blog we look at look at how pensions are currently taxed and how that will change from April 2027, plus some of the ways you can plan ahead… Read more here 👉 bit.ly/3CE8lpc

The Chancellor delivered the Autumn Budget on 30 October 2024. In this article, we outline the key issues related to pensions. https://lnkd.in/eJM79m4w #autumnbudget2024 #tax #benfits #NIC #administration #pensionscheme #trustees

A very topical question, the Chancellor is expected to increase capital gains tax, and change tax relief on pensions. Any action you can take before 30 October, might be beneficial to you. We recommend you seek professional help which we can provide for you. Get in touch with our team at theteam@lexington.email. #Budget #UKBudget #TaxRelief #CaptialGainsTax #FinancialPlanner #FinancialPlanning

Ever wondered how paraplanning for Jersey-based financial advisers differs from those in the UK? Turns out, there’s more to it than meets the eye! From product wrappers to unique tax rules, Alice Bawden, one of our skilled Paraplanners, has learned a lot about these differences since joining the Plus Group. She discovered that: 1️⃣ Product wrappers have distinct tax implications compared to those in the UK. 2️⃣ Taxation on bonds and pensions come with their own Jersey-specific considerations. 3️⃣ Annual allowances for pensions vary, which impacts the planning strategies chosen. Understanding these differences means that Alice can provide tailored, accurate advice for advisers, based on their unique and individual circumstances. #paraplanning #financialadvice #wealthmanagement

❗New Prime Minister and a new Government❗ Are you wondering which Labour manifesto pledges will take the shape of policies? What does this mean for your money? From mortgages to pensions, savings and taxes, we’re helping make sense of it in our exclusive webinar on the 23rd of July. Register for the webinar here: https://lnkd.in/ectSazbs #financialeducation #financialwellbeing #employeebenefit #employeeperks #labourgovernment #moneymatters

The Royal London technical team have pulled together a summary of the key points including changes to taxes, pensions, trusts and inheritance tax. Read our experts' takeaways and insights 👇 Available to read now: https://ow.ly/84GZ50TWGCx #AutumnStatement #AutumnBudget #Chancellor