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

8 - 12 October 2018
Index Close Week’s Change 52 - Wk High 52 - Wk Low
FTSE
100
 6,996 -3.28% 7,904 6,867
Dow
Jones
(US)

25,340

-4.01% 26,952 22,856
Nikkei
225

22,323

-5.21% 24,448 20,347
DAX  11,524 -4.33% 13,597 11,459

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