If you’re a business owner, selling your business might be a key part of your long-term finances. You may plan to use the sale proceeds to retire, provide greater financial freedom, or fund your next project. So, understanding how much is “enough” could be vital. Even...
Pensioners have benefited from an 8.5% increase in the State Pension. While the boost is likely to be welcomed by many, the full new State Pension is nearing the Personal Allowance threshold. As a result, some retirees might need to consider their Income Tax liability...
The gains you can make before potentially paying Capital Gains Tax (CGT) have halved for the 2024/25 tax year. If you plan to dispose of assets, the change could affect you. Read on to find out when you could be liable for CGT and some...
Living in such a picturesque country as the UK certainly has its benefits, namely the abundance of opportunities for breathtaking walks. Whether exploring the rugged Yorkshire moors or strolling through the tranquil Lake District, the UK is truly a nation of walkers. In fact, data on...
Many people could be omitting a useful way to pass on assets when they die because they aren’t aware that pensions usually fall outside of their estate. It could also mean some have failed to name a beneficiary for their pension. Read on to find...
In the March 2024 Budget, Jeremy Hunt announced a second cut to National Insurance (NI), which could reduce your tax liability. Yet, as the chancellor didn’t unfreeze other allowances, many workers will see their overall tax bill rise in real terms due to fiscal drag. Fiscal...
Are you taking part in World Book Day this year? The annual celebration of books and reading takes place on 7 March 2024 and aims to encourage children and adults alike to enjoy the hobby. Reading with your children can provide a range of benefits. The...
Naming a Lasting Power of Attorney (LPA) is often associated with the elderly. But it could provide vital protection and peace of mind at every life stage. An LPA gives someone you trust the ability to make decisions on your behalf if you’re unable to do...
This year the FTSE 100 index turns 40. Over the last four decades, it’s become a way to measure the health of the UK stock market. During that time there have been highs that investors no doubt celebrated, and lows that serve as a reminder...