How to ensure fair outcomes for blended families
For families with step-children a robust succession plan can help ensure that assets stay within bloodlines, while providing clarity and peace of mind for all parties.
What do sky-high interest rates mean for your finances?
Interest rates have soared to a 15-year peak, with the Bank of England recently raising the base rate to 5%, while inflation remains stubbornly high. But how will this affect your personal finances, and what action could you consider taking?
Does it take a million or more for a comfortable retirement?
Inflation has remained stubbornly high, with the average UK household facing living costs that are around 20% higher than a couple of years ago. But what does this mean for your retirement?
What can business owners consider under the higher tax regime?
Company directors face a challenging tax climate. But prudent financial planning can help to mitigate tax bills and boost retirement assets.
How higher earners can use pension contributions to reduce tax bills
The cut to the additional rate threshold for income tax may make pension contributions even more attractive for those with large salaries.
Start the tax year on the front foot
The earlier you plan, the greater your choices and the more potential there is to maximise your financial efficiencies and make tax savings. Here we provide an overview of key factors to consider in the 2023/ 24 tax year.
Spring Budget: Take advantage of generous tax breaks for pensions
The Spring Budget included a number of valuable breaks and benefits for high earners, retirees, and savers with large pension pots. But what were the tax changes, and how can you utilise them properly?
Weigh up your options carefully if you receive a large lump sum
A large windfall may mean greater financial freedom, as well as responsibility. Savings rates have failed to keep up with inflation, reducing the appeal of cash. How can you make the most of your money and available tax breaks?
Use or lose your annual allowances
A number of valuable, tax-efficient allowances operate on a ‘use it or lose it basis’ in each tax year. Find out which allowances you should be optimising ahead of 5 April.
Make tax savings by using pension contributions to extract company profits
Using company profits to make pension contributions can help business owners move money from a company account to their own accounts, while saving on corporation tax.
