Read the latest news and articles from the Gem & Co team
There are many different kinds of trusts. There are bare trusts, mixed trusts, interest-in-possession trusts, and accumulation and maintenance trusts. And while they each differ slightly in the way they work, they all basically do the same job – they allow the owner of an asset (the settlor), to distribute or donate it (or confer
Read moreInformation in the Autumn Statement indicates that by 2020 individual taxpayers may be expected to report and pay their liabilities every quarter via their new digital tax accounts. The Chancellor promised an injection of £1.3bn to deliver, “the most digitally advanced tax administration in the world” by 2020. The new Digital Tax Accounts (DTAs) will
Read moreCommentary on the Chancellor’s Autumn Statement in the accounting community has been focused on just a few key headlines, reflecting the wider acceptance that this was an Autumn Statement of ‘tweaks’ rather than ‘rabbits-out-of-hats’. Whilst the government’s fourth fiscal event in the past 12 months generated headlines for what didn’t happen in the form of
Read moreIntroduction November brought us the Chancellor’s Autumn Statement and Spending Review in the UK – and rather more tragic events abroad. Friday November 13th saw the massacre in Paris, which was followed by an escalation in the bombing of ISIS in Syria. World stock markets inevitably fell in the wake of the Paris attacks, but
Read moreAfter two Budgets so far in 2015, it might have been thought that the Chancellor had little new to say this time around. However, that was never going to be the case. For a start, the Autumn Statement was a late addition to the main announcement scheduled for 25 November; the outcome of the latest
Read moreWith life expectancy continuing to rise, it is prudent to have a plan to fund your lifestyle until your 100th birthday. The increase in life expectancy is being driven by people’s improving health and better medical care. The current life expectancy for men is 79.5 and for women it is 83.3. However, by 2030 many
Read moreAnyone seeking evidence that investment decisions can be hard often needs to look no further than the front page news. China, oil, VW and Glencore are among the assets that have made the headlines in the past few months after suffering sudden, unexpected and dramatic changes in price. Investors with exposure to those volatile assets
Read moreIntroduction Well, what a splendid month October was, with all the major world stock markets that we cover in this Bulletin skipping merrily upwards. Germany and China led the way with gains of 12% and 11% respectively, and if you only looked at the figures you’d be quite justified in thinking that everything in the
Read moreNational Insurance contributions go towards things like your State Pension but they don’t count towards the costs of social care. This type of care is managed by your local authority and generally comes at a price. That is why you have to apply directly to them if you need help with paying for long-term care.
Read moreAn April 2015 article reviews the cost of studying at university in the UK, giving food for thought for would-be undergraduates and their families. UK tuition fees are frequently under the media spotlight, following price hikes for home students in recent years. But the overall cost to study in the UK, according to an April
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