Nucleus gives advisers Budget 'cheat sheet'

The financial adviser owned and controlled wrap platform has produced a Budget Snapshot document for members looking at the key issues it believes will most impact them and their clients.

Following the emergency Budget on 22 June, the key areas covered in the document are Isa limits, capital gains tax increases, the end to compulsory annutisation, pension allowances, personal tax changes, corporations tax, national insurance changes, auto-enrolment and the VAT increase.

Barry Neilson, business development director at Nucleus, said the document was aimed at helping financial advisers understand the key announcements.

He said: "For high quality financial advisers budgets tend to be good for business as clients look to them for insight into what exactly has been announced and guidance around how it effects them and their finances.

"The emergency Budget on 22 June was no exception and because of the range and nature of what was announced will in many respects will prove to be one of the 'better' ones."