Pensions have been a big topic in UK politics for some time, nevermore so than in an election year. That’s no surprise to us given their crucial role in the financial security of millions of citizens, but not everyone is as interested and engaged in pensions as we are! Here’s a quick summary of why …
Gifting is the act of giving money (or a ‘chattel’) to someone for nothing in return. It’s common for people to do this occasionally for family members, but there are specific tax rules to remember, especially concerning inheritance tax (IHT). Here are some key points to consider: Annual Exemption: Each tax year, you can gift …
Now we know that Labour will be in government for the next five years, we’ve reviewed their Manifesto promises to see what might be in store from a personal and business finance perspective. How closely they stick to it and what else might be in store will only be revealed in the forthcoming months, but …
Introduction June 2024 was a big month for global financial markets, marked by significant volatility and key economic developments. The interplay of geopolitical tensions, economic data releases and central bank policies shaped market sentiments across various regions. UK Inflation slowed to 2% in May, which is in line with the Bank of England’s target. However …
Filing your accounts early doesn’t mean you have to pay your tax early. It just means you know how much you will need to pay, and that offers a number of advantages. Here are some compelling reasons why it might be a beneficial move: 1. Improved Financial Planning and Analysis Filing early provides more time …
Cambridge-based tech company Raspberry Pi recently confirmed that it plans to list on the London stock market, which could see it valued at around £500 million. We’ve also seen reports that Chinese fast fashion brand Shein is considering floating on the London Stock Exchange instead of New York, following issues with US lawmakers. That’s great …
We’re all busy people and our spare time is very precious to us. So it’s no surprise that many of us are neglecting vital life admin and instead spending time on – how shall we put it? – less important pursuits. According to research by Moneybox, UK adults spend an average of 48 minutes a …
Introduction The global financial markets continue to grapple with a complex mix of geopolitical tensions, inflationary pressures, and evolving central bank policies. The past year has seen significant shifts in market dynamics, with varying impacts across different regions. This commentary provides an overview of the key factors influencing financial markets in the UK, Europe, the …
Chancellor of the Exchequer Jeremy Hunt recently got himself in a bit of a pickle when he said £100,000 is “not a huge salary” for people in his Surrey constituency. Writing on X, Mr Hunt was recalling a chat with a constituent in Godalming who was concerned about the government’s childcare offer, as it isn’t …
As you move through your working life, it’s easy to get a rosy picture of retirement and dream of the day when you finally step away from the office. But how do you work out when that day should actually be? Well, there’s no simple answer to this question, as there are so many factors …
