Chartwell Wealth Management

Paddy Anderson

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An Overdue Thaw on HMRC Mileage Rates

An Overdue Thaw on HMRC Mileage Rates

One element of the Chancellor’s ‘Great British Summer Saving’ package was an increase in tax-free mileage rates. However, there remains a curious divide in the way in which HMRC deals with cars used by employees for business. Company Cars vs. Personal Vehicles: The...

Wealth Tax Comes Around Again

Wealth Tax Comes Around Again

Talk of a wealth tax has returned as another difficult Autumn Budget looms. In the wake of the Covid-19 pandemic, there was much talk of a wealth tax to fill the hole that had been created in the government’s coffers. At the end of 2020, a Wealth Tax Commission,...

Choosing Your Will Executors Wisely

Choosing Your Will Executors Wisely

Writing Your Will? Remember to Choose Your Executors with Care HMRC has published fresh information on the mechanics of collecting inheritance tax (IHT) on pensions. In the October 2024 Budget, the Chancellor announced that most pension death benefits would become...

A ‘Comfortable’ Retirement for Only 9% – What the Headlines Mean

A ‘Comfortable’ Retirement for Only 9% – What the Headlines Mean

How true are recent media headlines that fewer than one in ten will enjoy a comfortable retirement? As meteorological summer started with heavy rain, a further dampener was put on proceedings by a storm of media headlines thundering that only 9% of people could look...