The top career choices for 5-7 year olds now need 3rd-level education. Top 3 choices are teacher, doctor and vet. These will cost over £100,000 to fund, and 93% of parents will carry that cost. Saving for kids is essential, and needs careful forward planning. Read full lists of kids favourite careers by clicking on headline above.
Posts Tagged ‘Repossessed Spanish Property’
Saving for Kids – Top Kids’ Careers cost over £100,000
Thursday, June 24th, 2010June 2010 Budget – Principle First’s Budget Roundup
Tuesday, June 22nd, 2010
Chancellor George Osborne called it ‘the unavoidable budget’ but promised there would be no small print in his plan to clear the government’s budget deficit of £155bn over the next 4 years. Here is our summary of the June 2010 budget in easy to read points. Click headline above
June 2010 Budget changes set to increase Income Tax allowance by £1000
Tuesday, June 22nd, 2010Today’s June 2010 budget changes should include an increase of £1,000 in the personal Income Tax allowance for basic rate taxpayers. This increase in Income Tax allowance means that all those earning up to £37,400 will have their tax-free Income Tax personal allowance increased by 15.4%, from £6,475 to £7,475.
Inheritance Tax Planning – Shop around before writing a will
Friday, June 18th, 2010Inheritance tax planning and writing a will can be subject to hidden costs, especially if you appoint an executor to your estate. Consumers are often not made aware of the bill they will receive, and should certainly ‘shop around’, says the Office of Fair Trading. Click headline for further details.
Financial Plan will make your Life complete, psychologists say
Thursday, June 17th, 2010
Having a financial plan with clearly-defined goals gives you a sense of control and reduces money worries. This translates into higher self-esteem, says a new psychologist’s report. Read more by clicking on the headline.
Budget Proposals justified – low Capital Gains Tax costs £1bn, says Cameron
Thursday, June 17th, 2010Those who turn income into capital cost state £1bn in lost taxes, says the Prime Minister. This would include those whose salary/benefits package includes shares, the sale of which allows them to use their CGT allowances.
Budget Proposals will affect Pensions, Savings and Tax. What's going down on 22nd June ?
Wednesday, June 16th, 2010
Budget proposals for June 22nd include changes to pensions, Income Tax, and Capital Gains Tax. They could also open up valuable investment opportunites in both Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EISs). How will the government cuts affect you? Click this headline to read all about it
Make financial advice routine for all – ABI
Friday, June 4th, 2010
Financial advice should be taken up by all, to build a strong financial plan – but barriers still exist. One answer could be online financial advice, says the Association of British Insurers (ABI).
Capital Gains Tax could hit elderly in nursing homes
Wednesday, June 2nd, 2010
Elderly care home residents could face a hefty capital gains tax bill on selling their home. Are you or your family affected? Click on headline to read more.
Plan for generous Inheritance Tax allowances cancelled
Friday, May 28th, 2010
Plans for a £1m Inheritance Tax threshold are cancelled, leaving Inheritance Tax allowances at previous levels. This leaves consumers exposed to a potential Inheritance Tax liability of 40% on portions of their wealth.
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