Chancellor Rachel Reeves agreed to extend the IHT threshold freeze for another two years to 2030 – meaning more people will now likely pay IHT in the future. Reeves confirmed she will bring most pensions into the IHT regime from April 2027. Here are three tax breaks which could save your family tens of thousands...Read More

Central banks around the world are embarking on an interest rate-cutting cycle. But what does this mean for growth and value companies? Rate Cuts Affect Central banks, like the Bank of England and Federal Reserve, cut interest rates to stimulate the economy, making borrowing cheaper for businesses and consumers, which can encourage spending and investment. Lower rates also...Read More

ISA, pension and tax rules can change, and their benefits depend on your circumstances. Here are some things you can do: Pension Contribution We’ve seen a 71% surge in people maxing out their Self-Invested Personal Pensions (SIPPs) so far this tax year – likely in response to rumours that the chancellor might have the annual allowance or...Read More

Inheritance tax can be a significant concern when planning your estate, but there are strategic ways to minimise its impact. An effective method of reducing IHT is to gift assets to your grandchildren during your lifetime. Here’s how you can leverage this approach to reduce your inheritance tax liability: Understand the Basics of Inheritance Tax...Read More

In her first speech as chancellor, Rachel Reeves reinforced Labour’s pledge that there would be no rises to National Insurance (NI) or value added tax (VAT). There was no mention of changes to income tax or capital gains tax though. These weren’t mentioned in Labour’s manifesto either. That means for now, income tax rates should stay where...Read More

The new Labour government is expected to bring big changes to our pensions. Labour have promised a review of the pensions system to make sure it works as well as it should and gets people the best outcomes. Lifetime Pensions We can expect further moves to consolidate schemes to drive efficiency and a push to...Read More

UK inflation is nearing its target, but there’s still no certainty about the Bank of England rate cut.  The Bank of England will want to see more signs that inflation is under control before cutting interest rates. It’s expected that a rate cut might not now come until August, or even later. Savings and annuities providers...Read More

ISAs are a great option to make investing as tax-efficient as possible. Once money is paid into an ISA, it’s then sheltered from both UK income and capital gains tax. Over the years, we’ve seen different types of ISAs launched and tweaks to ISA rules and regulations. Next tax year (or later this week) ISA rules are...Read More

If you’re earning between £100,000 and £125,140, the tapering of the personal allowance means you could end up paying 60% tax. Tax regulations can change frequently and even if you’re more informed than most of us are, it’s easy to misinterpret the rules, and end up make some expensive mistakes. Especially if you walk into...Read More

We’ve seen some big changes to pensions over the years, but next year could see the foundations laid for some large developments. The proposed ‘lifetime pension’ will give members more choice in building pension savings on their own terms, while helping combat the issue of lost pension pots. However, pensions are also known for their drama, and...Read More