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

6 - 10 August 2018
Index Close Week’s Change 52 - Wk High 52 - Wk Low
FTSE
100
 7,667 +0.04% 7,904 6,867
Dow
Jones
(US)

25,313

-0.49% 26,617 21,600
Nikkei
225

22,298

-1.06% 24,129 19,240
DAX  12,424 -1.64% 13,597 11,727

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