Changes to Dividend Taxation Important from 6 April 2016 there will be changes in the way Dividends are taxed. The Dividend Tax Credit (one ninth of the dividend value), will be removed. This will be replaced by a new Dividend Allowance in the form of a 0% tax rate on the first £5,000 of dividend […]
Help to Buy NISAs
Help to Buy NISAs – if you are a first time buyer, you can save up to £200 a month towards your first home with a Help to Buy NISA and the government will boost your savings by 25%. That’s a £50 bonus for every £200 you save. You can receive a bonus of up […]
Celandine Awarded Best Tax Planning Service in Wales
We have been Awarded the Wealth & Finance Internationals 2015 Finance award for the best Tax Planning Service in Wales!
Keeping Pension Wealth in the Family
Pension Death Benefits – Keeping Pension Wealth in the Family New rules regarding flexible pensions such as SIPPs now allow pension wealth to cascade down the generations within the pension wrapper, creating a truly tax efficient wealth management and inheritance plan. You may now nominate beneficiaries under your personal pension plan without restriction – beneficiaries […]
Premium Bond Investment Limit Increased to £50,000
From 1st June 2015 the investment limit for Premium Bonds from NS&I increased from £30,000 to £50,000. Whilst Premium Bonds have valuable benefits, and have their place in a diversified portfolio of investments, are they right for you? Premium Bond ‘winnings’ are tax free. You are guaranteed to get back the original capital invested upon […]
Lifetime allowance reducing to £1 million
The Lifetime Allowance is a limit on the amount of pension benefit that can be drawn from pension schemes – whether lump sums or retirement income – and can be paid without triggering an extra tax charge. The lifetime allowance was introduced in 2006 at a level of £1.5 million. It then increased each year […]
Withdrawal of Mortgage Relief on Buy-to-Let Properties
From April 2017 landlords will no longer be able to claim higher rate tax reliefs worth 40% or 45% of the interest payments on their buy-to-let mortgages. Instead, the maximum relief will be set at the basic rate of 20%, although the change will be phased over a four year period. This will effectively double […]
Changes in Financial Services Compensation Scheme
Changes in Financial Services Compensation Scheme (FSCS) Compensation Limit for Deposit Accounts Currently, if you have investments held in deposit accounts with any single bank or building society, your money, up to the value of £85,000 per bank or building society, benefits from the protection offered by the FSCS. This means that if you have […]
Ethical Investment Association (EIA)
We are proud to announce that Celandine has received accreditation from the UK Sustainable Investment and Finance Association (UKSIF) who are the membership association for sustainable and responsible financial services. Together, we promote responsible investment and other forms of finance that support sustainable economic development, enhance quality of life and safeguard the environment. As a […]
Pension Wise
The government has created more choices for pension income, which came into force on Easter Monday. To help individuals with these choices, they have introduced guidance in the form of Pension Wise. The guidance will be provided in April 2015 and will be delivered by independent organisations, including The Pensions Advisory Service (TPAS) and Citizens […]
Our Guide To Tax Planning
You can download a copy of our guide to tax planning by clicking on the link below. guide-to-tax-planning
Our Latest Talking Money Publication
You can download a copy of latest Talking Money publication by clicking on the link below. digital-tm
Ten Good Reasons To Pay Into A Pension Before April 5-2015
TEN Good reasons to pay into a pension before April 5 2015 There are less than three months to go before the new pension freedom becomes reality. With the legislation now in place, the run up to April is time to start planning in earnest to ensure you make the most of your pension savings. […]
True Potential wins gold
We are celebrating this month after a double win by True Potential at the Aberdeen UK Platform Awards 2014 in London. True Potential picked up the Leading Innovation Award for a world-first investment top-up technology, impulseSave® and also won in the Best Platform for Adviser Service category. With impulseSave®, savers can add as little as […]
Does Critical Illness Cover really matter?
With medical advances people are more likely to survive critical illnesses but this means that more people are likely to take prolonged periods off work for treatment and recovery. Latest statistics: Every two minutes someone in the UK is diagnosed with cancer. More than 1 in 3 people in the UK will develop some form […]
