Chartwell Wealth Management

Tax Insights

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The march of the higher rate taxpayer

The march of the higher rate taxpayer

New calculations issued alongside the Spring Budget show just how higher rate taxpaying status is becoming ever more common. The Office for Budget Responsibility (OBR) received plenty of attention leading up to the Budget. It was widely portrayed in the media as the...

Spring Budget: a pre-election balancing act

Spring Budget: a pre-election balancing act

What was almost certainly the last Budget before the election was a serving of the widely expected, sprinkled with a handful of small surprises. The Chancellor of the Exchequer, Jeremy Hunt, delivered the Spring Budget 2024 on 6 March. As anticipated, it was a typical...

New tax year planning – start early

New tax year planning – start early

This new tax year starting on 6 April brings a range of changes that could affect your financial planning. The start of the new tax year will see many allowances and tax bands frozen once again. In reality these freezes are tax increases as the government has...

Demographics shift to minority married

Demographics shift to minority married

New data on marriage and civil partnerships shows a significant threshold has been crossed. ‘Population estimates by marital status and living arrangements, England and Wales: 2022’, sounds like a rather esoteric piece of academic output from the Office for National...

HMRC, eBay and second-hand news

HMRC, eBay and second-hand news

The media storm surrounding HMRC taxing eBay and other online sellers from the start of 2024 was, in fact, itself counterfeit goods. A crop of stories across social and traditional media swirled across the start of the new year about HMRC cracking down on ‘side...