As we approach the end on the tax year, 5th April 2007, there may be a number of options which you should consider to make full use of your various allowances. Due to the nature of the UK tax system, many allowances which are not fully utilised prior to the end of the tax year may be lost.
What do you need to consider?
While there has been much mention of final salary pension schemes over the last 2 years, many seem to be blinded by the lure of a pension based upon their “final salaryâ€. Few seem to be looking at the wider picture, and how below inflation salary rises will impact on your pension upon retirement.
While the much feared sell-off in share prices has not yet materialised, is it time to enter the market again? Caution should be the watch word……
While stock markets across the world have been performing very well of late, today has seen a sharp reversal in all of the major markets of the world. So is the party over, or are we seeing a short term reality check?
While there are obviously potential financial rewards when investing in shares, some of the companies actually offer a selection of perks to shareholders. Even though these are not the only reason to invest your money, they can be a useful bonus for many. Some of the perks available include :-
British Airways
For investors who have a holding of at least 200 shares, British Airways will offer a 10% discount on one flight a year (for up to 5 people), booked through British Airways. The perk is limited to leisure flights from or within the UK, and has proved very popular in the past.
As the popularity of the internet has grown over the last 20 years, with more and more information available to the masses, we have seen many people take a tighter control, more hands on approach to their financial well-being. This has resulted in many people making decisions without consulting the experts, and while many have saved substantial fees, is it really the best way forward?
