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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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Will paying for long-term care affect my inheritance planning?

At a glance Many of us find it hard to think about ourselves, or our parents needing help as we get older. And when we do start to think about it – perhaps in our 50s or 60s – the cost implications can make us wince. The high cost of social care can quickly swallow […]

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Navigating the Spring Budget: Opportunities for Tax Efficiency and Financial Planning

This year’s Spring Budget arrived a tad earlier than usual amidst a backdrop that’s become all too familiar in recent years: rampant speculation and anticipation. Much of the pre-budget discourse centred around potential pre-election tax cuts, with National Insurance reductions leading the pack, and the balancing act of tax increases, notably targeting non-Domiciles and investors […]

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