Now that the Conservatives are back in Government it has recently been confirmed that the Money Purchase Annual Allowance will be reduced to £4,000. This applies to the current financial year.

In addition, the Dividend Tax allowance will be reduced to £2,000 per annum from 6 April 2018.

The changes to Probate Fees have not yet been brought forward.

We will keep you informed.

Post Election Updates

Last Week in the Markets

20 August 2017
Index Close Week’s Change 52 - Wk High 52 - Wk Low
FTSE
100
 7,324 -0.41% 7,548 6,666
Dow Jones
(US)

21,675

-1.24% 22,118 17,888
Nikkei
225

19,470

-0.38% 20,230 16,252
DAX  12,165 +0.54% 12,889 10,259

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