News

Furnished Holiday Lettings - further window of opportunity plus use of investment allowance

"The current government appears to believe that a supply of Furnished Holiday Lets is important for a thriving tourist industry and that the previous government's proposed changes would have damaged the industry.

Budget comment for the property industry

“The Chancellor has announced that Capital allowances are going down from April 2012. Writing down allowances will be reduced, from 20% to 18% for general plant and machinery and from 10% to 8% for special rate expenditure which includes integral features.

Budget predictions: VAT could reach 19% to bring in a further £7billion a year

Government must focus on VAT, NICs and income tax to reduce the budget deficit, warn accountants, Smith & Williamson.

Wayne Nickels taking sabbatical to serve in Afghanistan

Cunningham Coates is proud to announce that Wayne Nickels, one of our Investment Advisors and a Captain in the TA, will be leading his men in an upcoming tour of duty in Afghanistan. Wayne is taking a year’s sabbatical having been called up for training followed by a six-month spell on active service.

Oil Shock

The last few months have been rather traumatic for the stock market.  In the UK we have had to contend with the General Election and the reality of a hung parliament resulting in a coalition government – something of an unknown quantity here.

The rollercoaster ride

The last few weeks have been traumatic for any investor; with extreme movements in the markets within a matter of days.  The FTSE 100, for example has seen a short term high of over 5800 on 16 April lurch downwards to 5045 on 7 May, a swing of almost 13.5%.  Nor is the FTSE alone: both the Dow Jones and the Hang Seng have seen swings of over 12% over the course of a couple of weeks.

On a knife edge

Cunningham Coates looks at the impact of the General Election on the stockmarket.

Smith & Williamson scoops awards for Best Growth Wealth Manager and Best IHT and succession planning at Investors Chronicle and FT Wealth Management Awards, 2010

Smith & Williamson Investment Management has been named the Best Growth Wealth Manager and the Best Wealth Manager for Inheritance Tax and Succession Planning at the Investors Chronicle and Financial Times Wealth Management Awards, 2010.

Iceland's revenge

This article recently appeared in the Irish News

Who would have thought that in the midst of the most exciting election campaign for years that the foremost news story would centre around a volcano in Iceland?  The eruption of the Eyjafjallajokull volcano had far reaching effects that few could have predicted and resulted in massive disruption for many people across Europe and indeed the world.

A clear winner?

This article recently appeared in the May issue of Ulster Tatler

Cunningham Coates looks at the General Election and its impact on investment.