Latest News and Articles

Capital Gains Rules Relaxed for Separations

21 Aug 2023
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Divorce or dissolution can be a painful process, but new rules should ease some of the tax complications couples face when splitting assets. The changes relate to capital gains tax (CGT). Under UK tax rules, assets can be transferred between married couples and civil partners without triggering a CGT charge. But difficulties can arise once…

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Weekly Market Update- Week Ending 18/08/2023

18 Aug 2023
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A woman looks over mountains with MHA Caves Wealth logo across the bottom

This week, the main focus of investors’ attention was on inflation data released on Wednesday. Having fallen more than expected in June, there was an expectation that a further downward trend would be seen in July. That proved correct, and, broadly in line with expectations, headline inflation fell to 6.8% on an annualised basis, down…

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The Income Choice in Retirement

14 Aug 2023
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How do you intend to convert your pension pot into income when you retire?  To some extent the answer depends upon how you intend to retire, which is increasingly a more gradual process.  Flexibility is normally more important for a phased retirement, as you will need to adjust your pension benefits according to the level…

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Weekly Market Update- Week Ending 11/08/2023

11 Aug 2023
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A man crouching looking over a mountain range with MHA Caves Wealth logos across the bottom

On Thursday, we saw the latest inflation data released in the United States. Having fallen to 3% in June, the Bureau of Labor Statistics announced inflation had increased slightly to 3.2% in July, broadly in line with expectations. Importantly, when stripping out some of the more volatile components like food and energy, core inflation saw…

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Rising Inheritance Tax Take – Time to Review Your Estate Planning

07 Aug 2023
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New data from HMRC show that in 2022/23 inheritance tax (IHT) payments hit a new high.  The IHT nil rate band was set at £325,000 in April 2009 and has been frozen ever since. This year’s Budget extended that freeze to April 2028. For the first year of the nil rate band in 2009/10, IHT…

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Weekly Market Update- Week Ending 04/08/2023

04 Aug 2023
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A man and woman look over mountains with MHA Caves Wealth logo across the bottom

Following the US Federal Reserve’s announcement last Wednesday, it was the turn of the Monetary Policy Committee at the Bank of England (BoE) to meet this week and set interest rates in the UK. Despite appeals from individuals and business leaders to pause one of the steepest hiking cycles in history, with inflation still nearly…

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Weekly Market Update- Week Ending 28/07/2023

28 Jul 2023
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A man looks over mountains with MHA Caves Wealth logo across the bottom

It was a positive week for equity markets. There were no surprises from the Federal Reserve (Fed) meeting and a raft of broadly encouraging corporate results supported investor sentiment. On Wednesday, the Fed raised its benchmark interest rate by 0.25%, bringing it to a target range of 5.25% – 5.5%, its highest level in 22…

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Managing the New Pension Allowance Landscape

26 Jul 2023
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Your retirement planning options could need review after the Budget changes to the lifetime allowance and the annual allowance. When the current pension tax regime was introduced 17 years ago, it had two new constraints:     The lifetime allowance set the effective maximum tax efficient value of your retirement benefits. It started at £1.5…

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MHA Caves Wealth Quarterly Newsletter- Q2 2023

21 Jul 2023
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Welcome to the latest edition of Caves Quarterly, where we take a look back over the last few months and look ahead to the future. To read, please click the link below: MHA Caves Wealth Quarterly Newsletter – Q2 2023

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Weekly Market Update- Week Ending 21/07/2023

21 Jul 2023
Posted in
A man crouching looking over a mountain range with MHA Caves Wealth logos across the bottom

The highlight this week was the UK inflation data announced on Wednesday morning by the Office for National Statistics. Having proven stickier than many had predicted in recent months, there was a collective sigh of relief to see inflation fall from an annual rate of 8.7% in May to 7.9% in June. The figure was…

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