Wealth Knowledge, September 2021

Stamp duty land tax holiday fuelled equity release spike
Homeowners released £1.17 billion of property wealth between April and June 2021, said the Equity Release Council (ERC). 
Tax savings on offer from the stamp duty holiday are thought to have spurred on over-55s to help their children get onto the property ladder. 

What to do with spare cash after Covid-19

Ways to release some of that pent-up demand.

Since the start of the COVID-19 pandemic in March 2020, official statistics show that total household savings have increased pretty much across the board. 
That’s not much of a surprise considering most people have been saving cash working from home, while the three lockdowns we’ve had in the UK removed spending options to eat out, go to a pub, or holiday abroad. 

Give your finances a spring clean

Is it time to tidy up your finances this spring?
With spring in the air and the 2021/22 financial year just a month old, there’s no better time to take stock of your financial arrangements and see how they’re working for you. Of course, you can check your direct debits or standing orders and cancel any you no longer use. You can switch energy providers or even share your Netflix account.

How to ethically invest in 2021 & beyond

Earn returns while making an impact.
Most people invest because they want their money to grow – to prepare for the future, to save up for a major purchase, or to provide a comfortable lifestyle for their family. That might seem at odds with the idea of putting your money towards a good cause, and creating change in the wider world, but it doesn’t have to be. With ethical investing, you can do both.

Wealth knowledge, May 2021

Cryptoasset investors have received further clarity on the tax treatment of their unregulated investments from HMRC. Bitcoin is by far the most well-known cryptoasset, although there are more than 1,000 others in existence. Last month, the value of one Bitcoin soared past $60,000 (roughly £43,383) for the first time after some high-profile companies adopted it as a payment method.