We are delighted to welcome the University of Lincoln’s ‘Best Finance Student’ to our team. Over the summer, we were delighted to welcome Emma Raine to our Nottingham HQ as a full-time Client Servicing Administrator. Emma graduated in September from the International Business School at the University of Lincoln with a First Class Honours Degree …
Lincoln’s ‘Best Finance Student’ joins The RU Group Read More »
How well do you understand the ins and outs of inheritance tax rules? What is permissible as a gift, and which exemptions apply? A survey by HMRC published earlier this year concluded that the public has a relatively poor knowledge of inheritance tax rules and lack of confidence in what they do know. HMRC commissioned …
How well do you understand inheritance tax rules? Read More »
A media opportunity sees our Financial Planning Manager Nick Onslow help a former Royal Mail employee access his pension. Earlier this year, our Financial Planning Manager Nick Onslow was featured in national newspaper iNews.co.uk. He was contacted by personal finance journalist Elizabeth Anderson to provide advice on a case regarding a former Royal Mail employee …
HM Revenue and Customs (HMRC) has reported a new record high for Inheritance Tax receipts received in 2017/18, coming in at around £5.2 billion. However the use of the nil-rate band is lower than expected. This equates to a £400 million or an 8% year on year increase in the amount received in the 2016/17 …
Low take up of nil-rate band for inheritance tax Read More »
Cyber liability – by our partners Russell Scanlan Ltd. Historically we have always tended to insure physical assets and liabilities; things we can see and touch – allowing us to manufacture a common perception about what would happen if such things were lost or damaged. Today and for several decades now, there is a far …
The funding of long-term care is an issue that hasn’t been resolved despite multiple attempts. A Royal Commission on the subject was established in 1997 and reported in 1999. Its proposals were rejected by the Labour government at the time as too costly to deliver. Since that date there has been a number of reports, …
Cyber security measures include keeping your personal and financial data safe. As cybercrime is on the rise, the security of our online accounts is a hot topic. However, a recent report by the UK’s National Cyber Security Centre (NSCS) shows that millions of us are using passwords on our sensitive accounts that are almost laughably …
A government-commissioned report on student finance has proposed significant changes to the funding of university students in England. Students resident in England (different rules apply in other parts of the UK) pay a maximum university tuition fee of £9,250 per year, financed by a student loan. Further loans to cover maintenance plus interest at RPI+3% …
As people are living longer, a parallel older-age profile is emerging in the labour force indicating that people are working longer too. Labour market statistics for the period of December 2018 to February 2019 revealed some impressive results. In the UK, employment of those aged 16–64 was running at 76.1%, the joint highest level ever …
Last month several newspapers reported plans by the Labour Party to end inheritance tax and replace it with a gifts tax. The coverage was somewhat creative, as the idea was plucked from a paper prepared for the Labour Party primarily focused on reforming the taxation of land. The gifts tax section covered just half a …
