Top tips to save money and set your finances up for success in the new tax year
Strategic early planning unlocks more financial opportunities and ensures you make the most of tax-saving opportunities. Here we highlight some key considerations for the 2025/26 tax year.
Job-changers: Take the opportunity to set your pension pot up for life
A new job can be a life-changing opportunity. But it’s also a great chance for many savers to evaluate their workplace/personal pension planning. Reap financial rewards by getting your pension(s) on the right track now.
Is your bank helping or hindering your savings and investments?
UK customers can stay loyal to their main bank for many years – if not decades. But banks aren’t always putting you and your hard-earned money first.
Last chance to fill old gaps in your State Pension entitlement
Savers have one last chance to buy missing National Insurance years from 2006 to 2016, before 5 April 2025. Filling gaps in your record can provide a significant boost to your annual State Pension.
Will there be inheritance tax on your pension?
Financial Illumination is a podcast which shines a light on all things financial. Brought to you by leading UK Financial Planning firm Lumin Wealth. Please be aware that anything discussed on this podcast should not be regarded as financial advice, and when investing your capital is at risk.
Minimise your tax liabilities by applying these simple end-of-tax-year tips
Many savers are facing a heavier tax load, in light of recent tax changes. This makes it more important than ever to make full use of existing tax shelters, such as pensions and ISAs, before the 5 April.
Business owners: How to exit tax-efficiently – and what to do with the proceeds
Small business owners can use a number of allowances and planning measures to
ensure their exit is tax-efficient, and that they make good use of post-exit assets.
Tax year end tips!
Host and Senior Chartered Financial Planner James Corcoran is joined by Financial Planner Jack Dudley to discuss what you should be aware of with the end of the tax year approaching. Please be aware that anything discussed on this podcast should not be regarded as financial advice and when investing your capital is at risk
From April 2027 unused pension assets will be liable for inheritance tax. What can you do to prepare?
With unused pension funds set to form part of the estate, savers with large pension pots will be considering their options. With the right planning you can negate or reduce an IHT liability.
Don’t leave cash on the sidelines in the face of shrinking interest rates
Many people have large amounts of money in savings accounts, but holding too much cash in short-term products can be detrimental to wealth-building efforts. With savings rates falling, you risk sabotaging long-term returns.
