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Dafferns Wealth

Budget Summary

March Budget Summary 2021

Setting out the government’s tax and spending plans for the year ahead, the Chancellor announced new measures to help business and jobs through the pandemic and to support the UK’s long-term economic recovery and a series of tax-raising plans to help rebalance the public finances. Here is a summary of the main points. Coronavirus support …

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Budget

March Budget 2021 Detailed

Introduction It is interesting to look back 12 months to Rishi Sunak’s first Budget: it was followed by a year none of us could have predicted or imagined. The Conservatives had won a comfortable majority in the December 2019 General Election. As expected, Sajid Javid became Chancellor and, in January, announced that the Budget would …

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Negative Interest Rates

Could we see Negative Interest Rates in the UK?

In February, the Daily Telegraph had a headline which must have alarmed savers up and down the land: ‘Savers face threat of negative interest rates.’  According to the story, the Bank of England had told the clearing banks that they ‘must be ready to introduce the policy in the next six months.’ What are negative …

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Venture Capital Trusts

EIS and VCT – Use Them or Lose Them

As you will no doubt know, the current tax year ends on Monday April 5th. ‘Make the most of your pension and ISA allowances before the end of the tax year’ is a familiar refrain. One that is heard slightly less often – but which is no less relevant for some investors – is ‘make …

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Market Commentary

Market Commentary March 2021

Introduction Welcome to the March Market Commentary: as you will see below, February was a good month for world stock markets with virtually all the major markets moving in the right direction. It was also the month which saw the rollouts of various vaccines accelerate in many countries. As we write on the morning of …

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