The Chancellor has now unveiled details of his last Budget before the General Election.
To help our clients and professional connections understand what it means for them, Ludlow has put together a special guide summarising key announcements.
The Chancellor claims that Britain is ‘walking tall again’ after five years of austerity, but what do the tax cuts, increased personal allowances and increased pension freedom really mean?
Our experts have studied the announcements in detail, and put together a range of articles and guides including a summary of the ten key announcements and how they can impact financial plans, both positively and negatively.
We take an in-depth look at Individual Savings Accounts (ISAs), including the new Help to Buy ISA, and one of the biggest Budget giveaways – the announcement of the introduction from April 2016 of a tax-free Personal Savings Allowance.
George Osborne also had plenty to say on the subject of pensions, with a reduction from April 2016 in the pensions Lifetime Allowance (LTA) from £1.25m to £1m, something which could affect many savers.
Our consultants are here to help, so contact us with any questions you might have.