The recent budget didn’t deliver any shocks, but it’s still worth reviewing your finances.

With Christmas rapidly approaching, the Chancellor’s budget announcements on Monday 29 October 2018 might feel like a long time ago. If you didn’t manage to catch the full budget analysis, check out 7IM’s quick tips.

Unlike other budgets, this one didn’t spring any big surprises or changes. Some personal allowances went up, a few stayed the same, and duties for things such as cigarettes and alcohol were increased, as is often the case. All in all, it wasn’t a budget to send people reaching for their calculator, but there were some Christmas-stocking-sized treats. You might want to think about how they affect you, before your thoughts turn to the holiday season.

Read 7IM’s article on the key things to think about for the 2019/20 tax year:https://www.7im.co.uk/private-client/news-and-insights/Tax-free-allowances-are-going-up

Whenever the tax regime is changed, it can be a good time to review your financial situation. If you’d like to speak with one of our advisers about what next year’s tax changes might mean for you, call us on 0114 235 3500.