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My name is Lyanne and I’m the managing director of Wilds. Happy new year to you all! Are you going to make 2020 one of the best years? What new year’s resolutions have you made? We’d love to hear what they are and to put a plan in place to help you to achieve them. Come in for a coffee and a chat and get the year off to a good start. Contact us now.

 

Key facts from the Spring statement

A couple of things to be aware of from the Spring statement:

  • NIICs going up if you earn over £50,000 in 2019/20, you could see a jump if your national insurance contributions due to the rise in the NIC upper earnings limit
  • Running a company car is likely to be getting more taxing. The scale percentages are mostly rising by 3% – though the top rate is still 37%
  • Junior ISAs could make sense for the junior members of the family. The main ISA limit hasn’t gone up from £20,000 but from April this year Junior ISAs – JISAs – can accept up to £4,368
  • Don’t forget that the state pension age is no longer age 65. The new state pension age of 66 is now being phased in.
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