News

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.

Last year was one of those years when investors looked nervously at their portfolios. As the coronavirus pandemic raged, markets tumbled. Even as news of vaccines brought strong rallies, it wasn’t for the faint-hearted.

Most people dream of living a long life with their spouse or civil partner in a home they love, with secure finances and children and grandchildren nearby.

The average person in their 30s and early 40s faces a wait until they are 64 to inherit their parents’ wealth, according to the Institute of Fiscal Studies (IFS).

“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.

In a year of firsts for many of us, the Bank of England (BoE) has mooted a first of its own: they have asked the banks if they are operationally ready for negative interest rates. That is, banks, and by extension those that save with them, would be charged for holding onto cash.

Mortgage payment breaks have been extended for homeowners who are being financially affected by the ongoing pandemic.

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.

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...

UK economic recovery slows to 2.1% in August. The UK’s economic recovery following sharp declines caused by the coronavirus lockdown continued to slow in August 2020, official figures show.

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.

Staying on track during a turbulent year. To ensure you will be financially secure throughout your lifetime, planning is essential. It’s also important to remember that a financial plan needs continued attention, especially in unprecedented times like these.