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Latest inflation figures

Latest inflation figures

And so, inflation continues to alter.  In the UK price inflation, as measured by the Consumer Prices Index (CPI), has dropped to 3.4% for the year to May with falls in the prices of food, non-alcoholic drinks and petrol.  This is a fall from 3.7% and is bigger than expected.

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Private Residence Relief

Private Residence Relief

Working from home is growing in popularity.  However, have you considered if it could affect your Capital Gains Tax (CGT) private residence relief when you come to sell?

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Inflation rises

Inflation rises

CPI annual inflation – the Government’s target measure – was 3.7% in April, up from 3.4% in March.  The largest factors to the change in the CPI annual rate between March and April came from the rise in prices for clothing and footwear, food and non-alcoholic beverages and alcoholic beverages and tobacco.

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Why are house prices still rising?

Why are house prices still rising?

It’s no surprise to hear that the country’s finances are ‘in a mess’.  It is surprising to learn that house prices continued to rise in May and are now just 9.5% below the October 2007 peak, according to figures from Nationwide.

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Child trust funds scrapped

Child trust funds scrapped

New chancellor George Osborne has advised that Child Trust Funds will be scrapped in January.  What does that mean to people who already have an account and those who are expecting a baby?

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