The intestacy rules for England and Wales have been amended.  The intestacy rules automatically apply to the distribution of estates where there is no will. There are three different sets of rules in the UK: one for England and Wales, a similar set for Northern Ireland and a much more different set for Scotland.  The…

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What do you remember about the decade that began in 2010?  A decade is a long time and a lot happens, but important details can be lost in the big headline moments. The one that has just ended makes the point. The 2010s started with Gordon Brown as prime minister and, four elections and two referendums…

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The National Living Wage (NLW) rises by over 6% in April. The 6.2% increase to £8.72 an hour equates to £15,870 a year based on a 35-hour week. The substantial rise is not down to inflation – which ended 2019 at only 1.3% – but due to a policy of George Osborne’s. When he made the surprise…

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The clock is ticking on using up your pension annual allowance  The allowance effectively sets the maximum pension contributions from all sources (including your employer) on which you may be able to claim income tax relief. In recent times it has been the subject of much controversy because of the way the allowance is tapered from the…

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In early January the Chancellor Sajid Javid announced a new Budget date: 11 March 2020.  This could be a significant Budget. Traditionally, the first Budget of a new Parliament is when the Chancellor delivers the medicine of tax increases and/or unpopular reforms. To borrow from Macbeth: ‘If it were done when ‘tis done, then ‘twere…

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