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What’s changing and what’s not – your new tax year checklist

At a glance In a welcome move in his Spring budget, Chancellor Jeremy Hunt cut employee National Insurance Contributions for the second time this year. But with tax thresholds frozen, many people find themselves slipping into a higher tax band – and paying more tax. Added to which, living standards (as measured by real household disposable […]

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Financial own goals: five mistakes elite sports stars typically make

At a glance There are countless examples of elite sports stars running into money troubles during or after their short careers. But athletes can avoid such ignominy with the help of financial coaching. When talented men and women approach the pinnacle of their chosen discipline only to tumble in disgrace due to addiction, bankruptcy, tax […]

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How to give your whole family a head start this year

At a glance Putting your family first When you’re in your 40s and 50s, you can sometimes feel like you’re financing three generations, not just one. Many people find themselves caught in the ‘sandwich’ generation – responsible for both their children’s future financial wellbeing and that of their parents. At the same time, you may […]

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Why do we find it hard to save for our future self?

At a glance “Where do you see yourself in ten years’ time?” It used to be a favourite closing question in job interviews – and it could really put you on the spot. But imagining your career in ten years’ time can feel far easier than imagining yourself twenty or thirty years’ from now. Job-free, […]

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Pensions for children – what you need to know

At a glance Saving for retirement might not be something you think about starting while you’re still reading bedtime stories and going to soft play centres. But opening a pension for your children can set them – and their own future family – up for financial wellbeing. Setting up a pension for a young child […]

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Selling your business: how to filter serious buyers from speculators

At a glance Finding a buyer for your business is a lot like dating. Approaches from potential acquirers are sure to get your attention. They can excite. But they can be a huge distraction too. So, if you’re thinking of selling, it’s crucial to filter serious, credible buyers from those who are simply playing a […]

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How you can make the most of your ISAs before tax year-end

At a glance Time to take stock of your ISAs ‘Max out your ISAs.’ It’s the tax year-end mantra that’s all too familiar. But the mantra needs a little refining. While it’s key to put as much into your ISAs as you feel comfortable with, ahead of 5 April, it’s just as important to make […]

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Five ways to cope with higher business taxes

At a glance In the past two years, small and medium-sized enterprises (SMEs) have faced a troubling swathe of changes to the business and personal tax regimes, including significantly higher Corporation Tax rates for many. Bigger HMRC bills this year are forcing firms and their owners to adjust plans and look for ways to soften […]

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Reduce your Capital Gains Tax bill by splitting assets with your other half

At a glance Thinking of selling your second property? Cashing in a share portfolio? When you sell an asset that’s gone up in value since you bought it, you may have to pay Capital Gains Tax or CGT on your profits. One possible way of reducing this tax bill, is by giving an asset away […]

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How to mitigate your Inheritance Tax bill

At a glance Nobody likes talking about death, and many of us aren’t that keen about talking money either. So it’s not surprising that many of us put estate planning, and IHT strategy, on a back burner. However, while we might not enjoy talking death and taxes, one thing’s for certain. Nobody wants to pay […]

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