Worldwide Financial Planning

The UK has around 2.7million stocks and shares ISA holders enjoying the tax free roll up mentioned in this column. If you aren’t one of them, you should be, if you can be.

If one of the 1,800 ISA millionaires above, decided to take an income from the ISA at just 3 per cent, that is a tax-free income of £37,000.

Through late 2022 and early 2023, bond investors, particularly in government bonds markets, have been at odds with central bank messaging. The US, European and UK central banks have repeatedly given three messages.

Given that you are allowed to invest up to £20,000 per person per year, this tax break is one you just cannot afford to miss, particularly because of the following changes. Watch for the April 5th investment tax change.

UK farmers have campaigned for more support from government, with the rising costs of energy, feed and fertiliser impacting production. The good news is that energy prices have started to fall, and this should impact the cost of fertiliser.

There are two types of equity release (although I could argue that selling and downsizing is another). A lifetime mortgage and a home reversion plan are the two equity release schemes.

What has been interesting this week is the release of supporting information. The US is a consumer driven economy and resilient inflation has been accompanied by very strong retail spending in January. In the UK, inflation may have fallen for the third month but CPI remains above 10%, and jobs data points to a tight labour market with wages rising steadily.