Welcome to the Churchill Wealth and Investment Management News The latest financial services and information articles on savings, inheritance tax relief, as well as tips and tricks for how to plan for retirement.
The value of shares you can hold outside an Isa before paying dividend tax has shrunk from £135,000 to £46,500, according to new research. In April last year, the dividend allowance fell from £5,000 to £2,000 (HMRC).
Almost a third of British billionaires have moved to tax havens or are in the process of relocating, research has found. Those living offshore must obey local tax laws but avoid paying HMRC 38.1% on dividends or 20% on the sale of shares.
House price growth hit a five-year low in January 2019, Land Registry data shows. Its figures revealed that house prices grew 1.7% annually at the start of the year to an average of £228,147 and fell 0.8% on a monthly basis.
Last year, a record £3.94bn was raised by 83,000 homeowners over the age of 55. Yet the figure could surpass £5bn in 2019 after figures released this week by the Equity Release Council showed the strongest start to any year on record.Read More