Tax

Use it or lose it. Don’t pay more tax than you need to

The tax allowances and exemptions system in the UK is complex. Don’t miss out on what you’re entitled to. Paul Poulter walks us through several scenarios.

How will technology affect financial advice?

A crazy few days and what happens next?

Following our initial response to the Mini Budget, Kwasi Kwarteng rows back on his plan. How will this affect UK investors?

Should we be preparing for long-term inflation?

Inflation could be here to stay, as problems with production in China, coupled with energy price rises look set to keep costs high…

Why does the tax year end on April 5th?

Understanding the financial year – have you ever wondered why the most significant date in the tax year is the rather arbitrary 5th April?

Devil in the detail on care tax rise

It took a pandemic to sort out care funding. At least that’s what the Government will be hoping that’s how the public will view it, rather than a couple of broken promises on the Triple Lock and raising National Insurance Contributions (NICs). The Prime Minister said: “You can’t fix the Covid backlogs, without giving the […]

DIY Investors should beware financial scams

Should we be worried about inflation?

What is inflation and how is it affecting our finances in 2021? Those of us saving for retirement could be affected more than others.

New year, new opportunities

Our top tips for financial planning in 2020, highlighting the recent updates to pensions.

Have you had a letter from HMRC?

New rules mean that 95% of taxpayers should no longer need to pay tax on their savings income. But those who now earn more in interest than the new Personal Savings Allowance may have had a letter from HMRC. Find out more about the recent changes here.

How will the 2018 Budget affect me?

While we wait to understand how Brexit will affect us, there are a number of changes coming this year, many recently announced in the 2018 Autumn Budget. We’ve created this article about what these changes are and how they might affect you.

How can you save Inheritance Tax (IHT) on your home?

Structuring your estate correctly can lead to big savings if you understand the complexities of inheritance tax Currently all individuals in the UK have a nil rate band of £325,000 each. This means that on death, if the value of your estate (all your cash, assets, investments and personal chattels) is less than £325,000 (or [...]