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

9 - 13 July 2018
Index Close Week’s Change 52 - Wk High 52 - Wk Low
FTSE
100
 7,662 -0.34% 7,904 6,867
Dow
Jones
(US)

25,019

+2.04% 26,617 21,471
Nikkei
225

22,597

+3.47% 24,129 19,240
DAX  12,541 -0.01% 13,597 11,727

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