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Watch out for Budget bill

I hope Julian Stevens will now read the small print in the Budget. He seems to think that for someone earning £150,000 or more, the answer is for the company to make a pension contribution instead.

If you do this, all you succeed in doing is landing the client with an enormous tax bill. For example, the day after the Budget, I was speaking to one company where they had received a contribution of £160,000 payable by the employer which would have landed him with a bill of £28,000,

BGW Jamieson


Jamieson Financial Management, Bognor Regis, West Sussex


IMA backs short selling

The Investment Management Association (IMA) has backed investors’ right to conduct short selling and said they should not have to disclose short positions to the market.However, it backs introducing a requirement to disclose short positions to the Financial Services Authority (FSA) in particular cases of market or instability or abuse. It says this was the […]

Harris Associates' view on the UK’s vote to leave the EU

By David Herro, Partner, Deputy Chairman, Portfolio Manager and Chief Investment Officer of International Equity at Harris Associates Britain’s vote to exit the European Union has led to significant uncertainty across global markets. We believe market impact of this uncertainty, though severe, is more of a shorter-term phenomenon which will provide an opportunity for long-term […]


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