Financial Planning

What does the 2018 budget mean for working parents?

by ParentalChoice
in Tax and Pensions, Payroll, Parenting, Financial Planning
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Yesterday, October 29, Chancellor Philip Hammond presented the UK Government’s 2018 budget. We have reviewed it and pulled out the key points which will affect working parents and, importantly, the implications for those who employ staff to help run their busy lives. Whilst Mr Hammond was keen to headline the end of austerity bein...

Pensions and Nannies – the facts

by ParentalChoice
in Financial Planning, Childcare
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If you already employ an eligible nanny, you will no doubt be aware of the fact that as their employer you must contribute to a pension. For new employers of eligible nannies you will need to set up a pension scheme from the commencement of their employment.  Pension contributions are not just simply a benefit that is ...

Childcare – more for less

by ParentalChoice
in Working Mum, Working Dad, Financial Planning, Childcare
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When I was originally asked to write this article on the theme of “doing more with less”, the first thing that sprang to mind, given that I am a mother of three children, was getting the most you can where childcare is concerned. It’s never been more relevant than now when most families are feeling ...

Tax Free Childcare – what does it mean for me?

by ParentalChoice
in Working Mum, Working Dad, Financial Planning, Childcare
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Since April 2017 the Government has launched a new system called Tax Free Childcare offering a new form of childcare vouchers and also increased free childcare hours. With so many questions from our clients about the new system, we have decided to look at them in more detail and provide you with a list of ...

Looking after your Children’s Future with a Will

by ParentalChoice
in Financial Planning, Family, Children
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With thanks to Julie Man, Head of Private Wealth and Partner at Mundays LLP ‘Seize the day boys, make your lives extraordinary!’ exclaimed Robin William’s character in the film ‘Dead Poets Society’. Whilst this is sage advice and we should indeed make the most of our lives, Robin Williams’ untimely death reminds us to c...

Investing for your Children’s Future

by ParentalChoice
in Financial Planning, Family, Children
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We all have dreams for our children’s future. We want them to experience every opportunity possible, give them a good education, enable them to travel and give them a helping hand onto the property ladder. How best to provide for your children is a question Parental Choice put to Peter Green, Chief Executive of one ...