Nucleus sets out key issues to impact IFAs post-Budget

Following the Emergency Budget on 22 June Nucleus, the IFA-owned and controlled wrap platform, has produced a ‘Budget Snapshot’ for member IFAs looking at the key issues it believes will most impact them and their clients.
 
Key areas covered in the document, now being made more widely available, include the following:
 
·        Isa limits
·        CGT increase
·        End to compulsory annuitisation
·        Pension allowance / restriction of pension tax relief
·        Personal tax changes
·        Corporation Tax / National Insurance changes
·        Auto-enrolment
·        VAT increase
Barry Neilson, Business Development Director at Nucleus commented:

“For high quality IFAs Budgets tend to be good for business as clients look to them for insight into what exactly has been announced and guidance around how it effects them and their finances. The Emergency Budget on 22 June was no exception and because of the range and nature of what was announced will in many respects will prove to be one of the ‘better’ ones.
“The document we have produced is designed to help IFAs, aiding them in their understanding of the key announcements and the implications they will have on their clients.”
To download the full document please visit www.nucleusfinancial.com.