NEW YEAR’S TAX SAVING RESOLUTIONS
Make full use of your relevant tax planning opportunities With the tax year end (5 April) on the horizon, taking action now may give you the opportunity to take advantage of any remaining reliefs, allowances and exemptions. We have provided some key tax and financial planning tips to consider prior to the end of the […]
GET READY TO BEAT THE ISA DEADLINE
Time to give your financial future a boost? Savers and investors have less than three months to use the £20,000 they can put into their tax-ecient Individual Savings Account (ISA) before the end of the financial year on 5 April. The current tax year started on 6 April 2021 and ends on 5 April 2022. […]
IMPROVE YOUR FINANCIAL LIFE
Setting a financial New Year’s resolution you’ll actually keep Heading into the New Year, it’s the perfect time to take stock of your budget, liabilities and investments – and check them against your financial goals. The New Year brings an opportunity to reflect on the past year and to set new goals for the year […]
Cash Deposits
Whether your investing your money into a Bank or building society, or looking to invest. We all want to find the best returns for our money. Mr F had £220,000 in building society accounts. When the accounts were first opened with the building society, they offered a good return and bonus rate however these have […]
What you need to know about Tax and Cryptoassets
How are cryptoassets taxed in the UK? To begin with, tax is payable on any profit received from the disposal of cryptocurrencies. This includes when they are: Cryptoassets are taxed according to their nature and how they are used, rather than the definition of the asset. The vast majority of cryptoasset investors who live in the […]
TIME TO BRING YOUR PENSIONS TOGETHER?
3.6 million Britons have lost track of their pension savings The more old pensions you have, the easier it is to end up losing one. Tracing pensions from years ago can be a hassle. Over 3.6 million Britons admit they have no idea how many pensions they have and risk paying more in fees than […]
CREATE A BETTER WORLD TO LIVE AND RETIRE IN
Pension investments to harness a more sustainable planet Few people are aware of what their workplace pension invests in, let alone how their pension provider incorporates Environmental, Social and Governance (ESG) matters into the process. Almost two-thirds (64%) of UK pension holders say that didn’t know their pension could be invested in ways to help […]
GENERATION VEXED
A third of Gen Xers not confident they can fund their retirement One in three (31%) Generation X members (those born between 1965 and 1980) do not feel confident they will be able to work for as long as they need to fund their retirement needs, due to concerns around health and age. With 57% […]
PLANNING FOR EARLY RETIREMENT
What are the financial consequences to stopping work in your 50s? Early retirement may be the ultimate dream for some, but the coronavirus (COVID-19) pandemic made it the only option for many. Figures from the Office for National Statistics show that over-50s had the highest redundancy rate between December 2020 and February 2021. Retiring early […]
THE POWER OF A PLAN
How to create a personal financial plan in 8 steps When thinking about your future financial wellbeing, it can be helpful to consider a plan. It is a good idea to have a clear sense of what you want from life and use this as a guide for making important decisions. A comprehensive financial plan […]