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

 16 - 20 November 2020
Index Close Week’s Change 52 - Wk High 52 - Wk Low
FTSE
100
 6,351 -1.09% 7,690 4,899
Dow Jones
(US)

29,263

-1.38% 29,964 18,214
Nikkei
225

25,527

-0.49% 26,262 16,358
DAX  13,137 -0.25% 13,795 8,256

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