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Outstanding Financial Services of the Year Award 2021

Fraser Russell are proud to annouce they have once again been nominated for the award of 'Outstanding Financial Services of the Year'. We continue to grow from strength to strength but could not achieve such accolades without the support of our clients, staff, members and all family and friends. Thank you for your continued support,…
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The Chancellor’s Autumn Budget

BUDGET AND SPENDING REVIEW On 27 October 2021, the Chancellor delivered his third Budget in conjunction with the Public Spending Review. Many of the spending announcements had already been leaked to the Press prior to Budget Day and arguably a lot of it was not new money. The Chancellor did however manage to keep a…
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Furlough & CJRS Updates

Changes to the Furlough and CJRS grants came into effect from 1st July 2021. For July CJRS grants will cover 70% of employees' usual wages for the hours not worked, up to a cap of £2,187.50. In August and September, this will then reduce to 60% of employees’ usual wages up to a cap of £1,875.You will need to pay the…
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Round two of business support grants launches following first round success

Birmingham City Council has launched the second round of business support grant payments following a round of successful grant pay-outs to struggling businesses. Birmingham City Council has paid out more than £41 million in business support grants to around 12,500 struggling businesses across the city ahead of launching its second round of discretionary funding for…
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GPs to receive tax refunds and pension boost

Changes to the NHS pension scheme could boost retirement income for many NHS doctors, resulting in tax refunds on overpayments. Back in 2015, the majority of GPs were switched into a new pension scheme with a retirement date up to eight years later than their existing scheme. However, those who were near to retirement were…
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Business Interruption Insurance Claims Success !!

Birmingham based Solicitors fighting for businesses across the UK are hailing a landmark judgment in the Supreme Court as a lifeline for hundreds of thousands of businesses whose insurer wrongly denied business interruption insurance. RLK Solicitors based in Edgbaston are leading the fight against insurance companies for businesses who paid for business interruption insurance which…
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Financial Services of the Year award

I am immensely proud that my firm Fraser Russell has been shortlisted by the ABCC for the ‘Financial Services of the Year’ award.   It represents the huge growth the firm has enjoyed in the past 12 months in particular.  It is also testament to the 3 year road map the firm has planned to…
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STAMP DUTY REDUCTION

The current stamp duty threshold until you start to pay this tax for a property purchase is £125,000. The government have just announced this threshold has been increased to £500,000 to kick start the housing market, with immediate effect. Any residential property purchased below this threshold will be exempt from SDLT on all property purchases…
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What the Chancellor’s summer statement means for you…..

Below are the main points our Chancellor Rishi Sunak announced yesterday :- 1). We want to reward employers who successfully bring staff back from furlough. If you bring back someone who was furloughed - and continously employ them through to January 2021, we'll pay you a one-off bonus of £1,000. 2). We're launching a new…
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