S&W The Pulse

I’m joined by my co-hosts who many of you will know from our previous episodes – Liz Hudson who works with our Private Client Tax Teams and Gina Hetherington who works with our Business Tax teams. I am delighted that today we are joined by Daniel Casali, Chief Investment Strategist at Smith & Williamson to get his views on the budget.In this episode, we analyse and comment on the recently announced 2020 Budget, identifying the key changes and outlining the practical implications for you and your business.Visit our 2020 Budget hub here for analysis and commentary from Smith & Williamson’s team of experts.This episode was recorded on 13/03/2020Smith & Williamson LLP Regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia InternationalSmith & Williamson Investment Management LLP Authorised and regulated by the Financial Conduct Authority. Registered No 580531This S&W The Pulse podcast is of a general nature and

In this Financial Planning series, we’ll be covering the main stages of an individual’s financial life cycle such as education, lifetime allowance, wealth transfer, property and retirement.Anne McClean, a charted financial planner and director in the financial planning team at Smith & Williamson London, is joined throughout this series with Leigh Cecil, a charted financial planner from our Bristol.**LINKS**To view the full show notes, head to out website here... https://smithandwilliamson.com/en/insights-landing/sw-the-pulse/Pensions vs ISAs...  https://smithandwilliamson.com/en/insights/pension-vs-isa/?utm_source=simplecast&utm_medium=podcast&utm_campaign=financial_planningEnterprise Investment Schemes Flyer... will be available post budget on our website www.smithandwilliamson.com This episode was recorded on 26/02/2020 This S&W The Pulse podcast is of a general nature and is not a substitute for professional advice. No responsibility can be accepted for the consequences of any action taken

In this episode, co-founder Joel Hopwood of award-winning retail marketing agency; Shopper Media Group, talks to Nick Travis on how the niche concept came about with business partner, Matt Lee. Joel reveals how the business was built with only just a grand in the bank, as well as challenges faced along the way - equipping them with a healthy amount of resilience.Joel takes us on his incredible journey, on how he learnt his craft from Dunnhumby – a data science firm, discovering his competitive streak and his taste for success, to how the niche idea came about for Shopper Media Group – completely changing his career direction.LINKSFinancial advice for entrepreneurshttps://smithandwilliamson.com/en/solutions/entrepreneurs/?utm_source=simplecast&utm_medium=podcast&utm_campaign=entrepreneurs ...The entrepreneur’s bibliography  e-bibliography.com https://e-bibliography.com/ which you can find ‘How to get rich’ and ‘Second bounce of the ball’... SMG film of the best first day https://youtu.be/gYHt89e3GGEThi

[2.53] Car InsuranceIt is very difficult to insure young footballers. Main reason being, as they are their high earners in their 20’s, they tend to buy high powered vehicles which is the first red light flashing from insurance companies.They then receive data driven results, stats wise - one third of professional footballers have a points on their licence, coming from speeding. Texting while driving, red light cameras, irresponsible driving etcWhere Full-Time Cover can help service footballers, is by working exclusively with the underwriters who understand the risks associated with professional footballers. Full-Time Cover will then work with the footballers on do’s and don’ts.The level of detail the underwriter will look at: no claim bonus, experience with a high-powered vehicle, driving record, maps out journey from home to club.Tips to help build footballers profile for due diligence to underwriters:drive smartly - don’t text and drive!planning ahead when driving – give yourself plenty of time getting to a

In this episode we will be discussing the geopolitical risks from the Middle East.2020 started out with a bit of volatility coming from the Middle East. We had the US assassinate major general Qasem Soleimani, he was the leader of the Iranian Revolutionary Guard Baghdad Airport. The Iranians they responded with some missile strikes at the US but this was really calibrated to appease some of their anti-us sentiment at home. The end result was that there was no US casualties of sorts, so at least there was no knee-jerk reaction by the Iranians on some sort of oil fields or energy facilities. If that had happened then we would see a spike in the ore Price, but that did not happen. So although the we had this strike it didn't have any sort of lasting impact. *** Head to our website to read the full episode show notes:https://smithandwilliamson.com/en/insights-landing/sw-the-pulse/investment-show/?utm_source=simplecast&utm_medium=podcast&utm_campaign=thepulse *** View and subscribe to our monthly Investmen

Our sports and media podcast series hosted by Peter Fairchild our tax partner and head of our sports, media and entertainment group and Ed Duah, former football player and now football adviser, will provide you with information on various topics that will affect sports and media professionals in all stages of their career, including Insurance, image rights, legal matters, tax liability, wealth planning, and preparing for life after sport or entertainment.Unlike other professions, the sports, media and entertainment industry is volatile, with sports professionals in particular facing a limited earning capacity due to the average length of their career, compared to those who will work for a longer period of time. For example a professional footballer may have a maximum of 10 years at the height of their career, compared to an office worker who can work into their 60’s earning a steady income. An office worker could have a couple of difficult years with their financial planning and it wouldn’t make too much diff

*2019 was a buoyant year for most equity and fixed income markets perhaps surprisingly actually given the mood at the beginning of the year, but what were the main drivers of this success? *Well firstly let's look at 2019. In terms of the performance global equities were up 27% and you wouldn’t have guessed that if you looked at the earnings because earnings steadily decelerated throughout that year, and in fact there was virtually no earnings growth at all in 2019. The key driver was the Federal Reserve and other major central banks by loosening in terms of interest rates by increasing the size of their balance sheets and reversing the tightening policies that we saw at the back end of 2018. These were the key market drivers going into 2019 plus it's also worth bearing in mind that the trade protections and rhetoric that started off in 2018 and continued into early 2019, towards the back end of 2019 we saw President Trump has dialled back some of that trade protection rhetoric and indeed we might get a trade

In this episode we will be talking about property related issues for non-residences. In addition we will also provide a roundup of recent tax changes, this time covering: Tax proposals in political party manifestos and the Higgins v HMRC case.Taxation of gains on disposals of uk property by non-residents: https://smithandwilliamson.com/en/insights/taxation-of-gains-on-disposals-of-uk-property-by-non-residents/?utm_source=simplecast&utm_medium=podcast&utm_campaign=thepulse ...Selling UK residential property/:https://smithandwilliamson.com/en/insights/selling-uk-residential-property/ ?utm_source=simplecast&utm_medium=podcast&utm_campaign=thepulse ....Non resident-landlords: https://smithandwilliamson.com/en/insights/non-resident-landlords/?utm_source=simplecast&utm_medium=podcast&utm_campaign=thepulse ... Tax proposals in political party manifestos: https://smithandwilliamson.com/en/insights-landing/election-2019/?utm_source=simplecast&utm_medium=podcast&utm_campaign=thepulse ...

In this episode we will be discussing the year just gone, the labour manifesto and Chinese growth.Since the futures market expects the Fed to cut interest rates just once in 2020, investors will be looking at company earnings and dividends to sustain the equity rally. On the positive side, after a sharp slowdown in global manufacturing activity in 2019, there are tentative signs of stabilisation.According to the Resolution Foundation, the Labour party manifesto envisages government spending (day-to- day and capital investment) of 45% of GDP by 2023/24, up from 40% currently, and would be the largest expenditure (excluding the Global Financial Crisis in 2008) by any government since the mid-1970s.China’s latest round of monthly macro statistics have been greeted with some gloom. Certainly, on the surface, the data appears disappointing. While industrial production grew +4.7% in October from a year ago and retail sales expanded by +7.2%, both data points were below consensus expectations. For many, this has bee

In this episode we will be discussing US politics and Brexit.The launch of a formal impeachment inquiry into President Trump is also changing the race for the Democrat nomination. Rumours about his son’s activities in the Ukraine have left former frontrunner, Joe Biden, flagging, leaving left-winger Elizabeth Warren to take the reins.This is a risk for the US equity market. Warren has strong views on corporate excess and is promising far-reaching reform for the healthcare, technology and energy industries. These are major components of the S&P 500.In the UK, the risk of a no-deal Brexit appears to be fading, following Boris Johnson’s new Withdrawal Agreement. While the December election introduces new risks, the UK’s departure with a deal should draw investors back to the UK. Our latest investment commentary gives our views on the changing landscape.View our monthly Investment Outlook publication: smithandwilliamson.com/en/campaigns/investment-outlook/. This episode was recorded on 04.11.2019  

In this episode we delve into where David’s entrepreneurial journal began. From his first job as a petrol pump assistant before a stint couture house in Covent Garden before launching two successful recruitment business and founding No. 1 Rosemary Water.To find out more about No.1 Rosemary Water, head to our Hall of Fame webpage smithandwilliamson.com/en/solutions/entrepreneurs/dream-bigger-hall-of-fame/david-spencer-percival/ 

This week it has become increasing clear that Borris Johnson is willing to move mountains to take us out of the EU on the 31 October – ‘deal’ or ‘no deal’. We expect the new government to crack on with policies to mitigate the economic risk of a no deal Brexit. What might this look like? We will talk you through in this episode on ‘Borisnomics’ as we see it.Head over to our website to find the full episode show notes smithandwilliamson.com/en/insights-landing/sw-the-pulse/investment-show/borisnomics-could-mitigate-a-brexit-bust/  View our monthly Investment Outlook publication  smithandwilliamson.com/en/campaigns/investment-outlook/ _This episode was recorded on 28/08/2019_

In this episode we will be talking about the changes to Entrepreneurs’ Relief, the changes to Private Residence Relief and the Office of Tax Simplification report on inheritance tax.In addition we will also provide a roundup of recent tax changes, this time covering DAC6, the VAT domestic reverse charge and the Hargreaves Lansdown tax case.References:Capital Taxes insight article smithandwilliamson.com/en/insights/the-autumn-budget-2018-capital-taxes/ Weekly Tax update, 16 July 2019 smithandwilliamson.com/en/insights/weekly-tax-update-16-july-2019/ Changes to Entrepreneurs’ Relief smithandwilliamson.com/en/insights/entrepreneurs-relief/ The OTS Second Report on the Design of IHT in a nutshell smithandwilliamson.com/en/insights/the-ots-second-report-on-the-design-of-iht-in-a-nutshell/ You can find out more on our Weekly Tax updates here smithandwilliamson.com/en/insights-landing/tax-update/ _This episode was recorded on 24/09/2019_

In this episode we will be discussing the discrepancy between bond and equity markets, where the global economy is going and some financial sector risks.View the full episode show notes smithandwilliamson.com/en/insights-landing/sw-the-pulse/investment-show/interest-rate-cuts-continue-to-support-the-global-expansion/ View our monthly Investment Outlook newsletter, a round-up of global markets and trends smithandwilliamson.com/en/campaigns/investment-outlook/ \This episode was recorded on 01/10/2019__

The property market has seen great changes over the past three years due to the taxes. On stamp duties changes that have been rising extraordinary over the past years, the buy-to-let taxes; if this will make individuals less attractive, foreign buyers.KEY TOPICS COVERED:Property climate what is going on in the market driven by tax changes; introduction of ATED (annual tax on envelope dwellings).The way people are focusing on acquisitions.Extension of tax base for non-residents/international buyers.Stamp duty changes and the impacts it has had: SDLT surcharges.Changes and impact in the buy-to-let market – restriction on mortgage relief for landlords.What might be coming in the future; capital gains tax and when individuals will need to prepare and make a payment , changes on private residence relief.On the horizon, PM Boris Johnson lifting the SDLT (stamp duty land tax) thresh hold to £500k before paying SDLT and cutting top rate to 7%.Phasing out of SDLT for owner occupied homes.Episode recorded 18/07/2019