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Attention Anyone Living in Scotland

20th December 2016

Those living in Scotland face higher tax bills The Scottish Parliament announced their budget for the 2017/18 tax year on 15 December 2016. Rather surprisingly they have decided to subject Scottish taxpayers to a higher tax bill than those in the rest of the UK. For anyone living in... read more

Posted in: News, Tax

Beware the tax trap on interest from April 2016

18th July 2016

From April 2016 UK banks stopped deducting basic rate tax on interest credited to your accounts. At the same time they introduced a savings allowance of £1,000 for basic rate taxpayers and £500 for higher rate taxpayers. For many taxpayers, this simply means that they will no longer need... read more

Posted in: News, Tax

Where have all the people gone?

25th May 2016

The question above is not just a bad line from a post-apocalyptic movie, but more a query about what 2060 might actually look like. There is a lot of talk about longevity in financial planning in connection with planning retirement income, and the long-term care aspects of living into... read more

Posted in: Financial Planning, News

Appointing the right executor

2nd December 2015

When making a Will, you will need to appoint an executor, which could be a member of your family, a trusted friend or a professional. It is the executor’s role to make sure the instructions in your Will are carried out, and there are several responsibilities and duties to... read more

Posted in: Capital Gains Tax, Inheritance Tax, Tax

The end of Deeds of Variation?

17th September 2015

The ability to vary the terms of a Will, for tax purposes, has long been possible through a useful tool called a Deed of Variation. There have been many threats over the years that the use of these tools would be curtailed but those murmurings have never come to... read more

Posted in: Capital Gains Tax, Inheritance Tax, News

UK Budget – The Fallout…

24th August 2015

Following any Budget there is a period of reflection which is required to fully assess the impact the announcements may have, and what can or should be done before they take effect. We have identified three key areas that ought to be considered and planned for: Taxation of Dividends... read more

Posted in: Inheritance Tax, News, Tax

See us at The Expat Show

18th August 2015

11th-12th September 2015, The Expat Show, Olympia, London The Fry Group is exhibiting at The Expat Show, the UK’s first event designed for those considering a move overseas. The event is being held in association with The Times and The Sunday Times. Our team of experts, including Adam Thompson... read more

Posted in: News

Knowing who to turn to…

Landmark UK court case regarding estate planning A landmark case in the UK this week has turned the spotlight back onto estate planning, and more specifically how important it is to structure a Will so that it ensures your wishes are followed through. Making national headlines was the case... read more

Posted in: Inheritance Tax, News