Handy Guides

 
 

Enjoy your Christmas – and the New Year too

Christmas is one of those times of year where sensible people do some silly things. We might have been good all year when it comes to our health, diet or money, but then the jingle bells come on the radio and the streets are decorated with magic, and we forget everything and overindulge!

November 30, 2018
 
 
 

The Path to Happiness

For many, we feel we need something to make us happy, a new job, a new relationship, more money.  The fact is, although we may like having these things, they won’t make us happy.  We can decide to be happy with them, or without them because our happiness will not come from the outside, our happiness will only come from within.

November 9, 2018
 
 
 
 
 
Money management for kids

I’ll Help you to Save Scheme

The government have just launched a new savings scheme called “Help to Save”.  It allows you to save upto £50 a month over four years (up to a maximum of £2,400) and receive a 50p bonus for every £1 you save. Find out more about the benefits on this scheme along with how you open an account.

October 19, 2018
 
 
 
Pension freedom Q&A

Bank of Mum and Dad? Put Yourself First

Parents helping out their children (and grandchildren) financially is a tricky topic because it’s so caught up in emotion and love that it’s not always easy to make sensible decisions. I have two kids and I love them dearly – but there’s a reason it tells you on the airplane safety briefing to put your own mask on first before you help your children. In the same way, financial support for your family is a case of secure yourself first.

October 15, 2018
 
 
 
 
 

Financial planning is for everyone, not just the wealthy

When you think of financial planning, what comes to mind? Boring discussions on pensions, wealthy individuals hiding their money off-shore to save tax? Neither could be further from the truth. Financial planning is used by millions of people worldwide; people just like you. It follows a structured processes, with the planner working with clients to…

September 28, 2018
 
 
 
 
 
 

Capital Gains ruling on your main residence

In the recent case of McHugh v HMRC, the First Tier Tax (FTT) Tribunal were asked to consider the question of whether private residence relief from capital gains tax (CGT) should be given in respect of any part of a three-year period of ownership that preceded the taxpayer’s occupation of the property.

August 27, 2018
 
 
 

Do I Care ISA?

The care fee problem is massive, it is estimated that in 2020/21 there will be a £5.5 billion funding gap in the costs of social care. This is set to rise to £12 billion by 2030. Meeting the potential huge future costs of care is therefore a massive headache for the Government and the elderly.…

August 24, 2018
 
 
 
 
 
 

Let’s make Q3 amazing!

I think Q3 is the one of the most exciting times of the year: on one hand you’re thinking about how quickly time flies, and on the other there are six months left of the year, plenty of time to do something about achieving your goals.

July 26, 2018
 
 
 
 
 
 
 
 
 
 

Tax Return 2018

2016/17 Self-Assessment Tax Return As we are now in a new tax year, some people will already be preparing their 2017/2018 tax return for submission to HMRC. However, others will still not have submitted their tax return for 2016/2017. These people may have already incurred a £100 penalty. However, they can avoid additional penalties if…

April 24, 2018
 
 
 
 

Happy New Tax Year – Invest Options

Now is a great time to make an ISA and Pension investment, taking advantage of your ISA and Pension allowances early in the tax year means you get an extra 12 months tax free growth plus you’re sat happy when everyone else is rushing around at the last minute!

April 10, 2018
 
 
 
 
 
 
 

Take the penalty out of Self-Assessment

Self-Assessment submission and self-assessment personal tax is a tricky thing to add into the equation, especially when you have a business and personal life to manage, and here at warrenshute.com, we want to help. I guess my Facebook live update on 27th January reached the 10.7 million people who submitted their self-assessment tax returns before…

March 8, 2018
 
 
 
 
 
 
Charity giving

Charity Giving and Tax Saving

We all know someone who has been affected by cancer and prostate cancer affects 1 in 8 men in the UK!  When I heard this statistic I was shocked! So, Nicky, Olly, Bella, Monty and myself decided to join forces with some good friends and take part in a 7-mile walk, from Luton rugby club,…

February 2, 2018
 
 
 
 
 

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