Gwyn-May Financial Advisors Ltd

23/01/2025

Our office front has had a make over thanks to Morph Print for their help with this.

07/11/2024

INTEREST RATE CUT

Bank of England has cut the base rate from 5% to 4.75% which is better news for mortgage borrowers.

If your current Mortgage rate is due for renewal, please get in touch for us to research the whole of market for you to ensure you are getting the best rate.

31/10/2024

*****INCOME TAX AND NATIONAL INSURANCE*****

Although the government has pledged not to raise income tax rates, income tax receipts will still increase in real terms in
coming years.

Tax thresholds will remain frozen, as they were under the previous government – meaning that, as incomes rise, a growing proportion of earnings will fall into higher tax bands.

Inflation-linked adjustments to tax thresholds will only resume
from 2028. As anticipated, the Chancellor did not alter National
Insurance (NI) contributions for employees and the self-employed.

Employers, however, will see NI rise from 13.8% to 15% next year.

Additionally, the threshold at which companies must start paying NI for an employee will be reduced from
£9,100 to £5,000. While this change is expected to generate substantial revenue for the government, concerns have been
raised about its potential impact on Britain’s international
competitiveness.

The Starting Rate for Savings will remain at £5,000 for 2025-26.
This allows individuals with less than £17,570 in earned and/or
pensions income to receive up to £5,000 of savings income tax free.

30/10/2024

********BUDGET 2024******

Some information from today’s Budget on Pensions and also Stamp duty land Tax!!

Previously you could inherit a personal pension pot tax free providing the pension owner passed away before they reach age 75. As of April 2027, the pension pot will be added to the deceased estate and tested against the inheritance tax threshold which means you could pay 40% tax if the estate is about the threshold.

Stamp Duty Land Tax, this is increasing to 5% from tomorrow (31st October) for people purchasing a second property (England only)

Both of the above means extra tax paid by you.

If you have a personal pension or you’re looking to purchase a second property and need advice, please get in contact with us to arrange a meeting.

11/04/2023

A&R Estate Agents are live and official!

We are pleased to offer a new estate agent service in Merthyr Tydfil and the surroundings areas.

If you're looking to buy or sell a house then look no further, we have great knowledge of the area and we offer outstanding customer service, reliability, honesty and dedication whether it be selling your home or finding your dream home.

The man behind the scenes is Andrew who has worked endlessly the last few months to make this business a success and is passionate to providing the best service.

Get in touch to enquire about our free valuation service and to register interest for upcoming houses new to the market.

Please like and share this page so we can spread the news.

It's our mission to 'make a house your home'

30/01/2023

https://stocks.apple.com/AuUSK65S0RJybf2WEUDB4CQ

Mortgage repayments for those coming off long-term deals will rise by an average of £275 a month if the Bank of England raises the base rate to 4 per cent on Thursday

16/06/2022

Bank of England raises interest rates to a 13 year high of 1.25%

If you’re currently on a variable rate with your mortgage provider then now is a good time to review this with us to see if we can fixed your monthly payments.

31/01/2022

*****5 star Review*****

Lovely review from one of our clients today, get in touch for your all your pension and investment needs.

Tel:01685 388433
www.Gwyn-may.co.uk

28/06/2021

Are you approaching Retirement and not sure what your pension options are?

Give us a call to book your free consultation and have the peace of mind in knowing you have received the right advice.

Tel: 01685 388433
www.gwyn-may.co.uk

24/06/2021

**********MORTGAGE CLIENTS*************

Inflation is set to his 3% in the coming months, and the way in which the Bank of England controls inflation is with interest rates.

If you are currently on a standard variable rate with your Mortgage provider then now is a good time to look at a new fixed rate, incase interest rates start to go up.

If you’re concerned that your monthly Mortgage payments will go up then please get in touch for advice.

Give us a call on 01685 388433
www.gwyn-may.co.uk

Bank of England sees higher inflation peak but plays down risk to economy http://news.sky.com/story/bank-of-england-sees-higher-inflation-peak-but-plays-down-risk-to-economy-12340498

The Bank of England has raised its expectations for inflation but reiterated its view that the coronavirus crisis-linked spike in price rises of recent months does not represent a looming crisis for the economy.

21/06/2021

Looking to Retire or just looking for advice on accessing your current pensions?

Give us a call for a free initial consultation.

Tel: 01685 388433
www.gwyn-may.co.uk