Blog
Kwasi Kwarteng, in his new role as chancellor, unveiled his plans for growth, bringing down inflation, backing businesses, and helping households. Although much of its content was already known, it still contained a few surprises. What changes have been made to personal taxation? The mini-budget has delivered a variety of tax cuts, including: Income tax:
Read more
HMRC intends to change the rules on transferring assets between spouses and civil partners who are in the process of separating and are no longer living together. What are the current rules? Currently, spouses and civil partners can transfer assets between themselves without any tax ramifications, up to, and including, the year they permanently separate.
Read more
Having a baby is one of the most exciting, life-changing events you’ll ever experience. But along with the joy and happiness that comes with starting a family, there is also the reality of the added costs. On average, in 2021, the total cost of raising a child to the age of 18 now stands at
Read more
LCP, a pensions consultancy that counts former pensions minister Sir Steve Webb amongst its employees, has published a guide looking at the pros and cons of someone combining all their pensions in one pot. To a certain extent, the guide is aimed at those looking to consolidate their workplace pensions, but the points covered can
Read more
Factor investing is a specific way to approach investing. This approach targets specific drivers of returns across asset classes and can help improve returns and enhance diversification. How does factor investing differ from traditional investing? When looking at investing styles, there are two ends of the spectrum. At one end, you have purely active managers.
Read more
We tell our clients that investing is risky. However, it is during bear markets that this becomes real. Like most fears, the best way to deal with them is to understand them, know your options, and be confident that they will pass. What is a bear market? A bear market occurs when the value of
Read more
When you are off work due to an illness or injury, worrying about how you will pay your bills can make an already stressful situation worse. So much so that many people are finding themselves in the challenging position of having to put the need to earn money over their health by continuing to go
Read more
Voluntary National Insurance contributions can help ensure you have enough qualifying years to get the full State Pension. If you have gaps in your record, you might be able to make voluntary contributions to fill them. In the past, you have only been able to fill the last six tax years. However, when the Government
Read more
The deadline for registering trusts on the new Trust Registration Service (TRS) of 1st September 2022 is fast approaching. As a reminder, the new rules, introduced on 6th October 2020, extended the scope of the TRS to UK (and some non-UK) trusts. Previously, only Trusts that had to pay tax had to register; the requirement
Read more
There are a lot of things to worry about right now. The markets, inflation, interest rates, and many other things complicate even the simplest financial decisions. If you are worried about the stock market right now, there is a better way to invest. When I say a better way to invest, I am not talking
Read more
