Wealth Knowledge. February 2021

Chancellor Rishi Sunak is expected to shelve plans to introduce tax rises in next month’s Spring Budget, according to reports.
The Chancellor will deliver his second Budget on 3 March 2021 and his first since COVID-19 began to engulf the UK last March.

How to shield income from taxation

“How can I legitimately reduce my tax bill” or “how can I keep more of my income” are two similar questions we get asked fairly regularly, often by clients who seek to validate how they are managing their finances.

How much is needed to start investing?

All investors have to begin somewhere. The short answer is £50 a month, but that’s probably not particularly helpful to you because it does not take into account your circumstances.

Making the most of your annual allowance

The coronavirus pandemic appears to have thrown some of the nation’s retirement plans into jeopardy, with recent figures commissioned by the Institute for Fiscal Studies (IFS) revealing that 13% of older workers have already changed their planned retirement age…

How to extract profits from your company

Tax-efficient options for limited company directors. If you run your own limited company, you choose how much to pay yourself, pick your own payday, and in which way you will be paid.