Getting a bonus? Don't lose It to HMRC. If you're expecting a bonus soon, you might have already planned how to spend it. Common uses include paying off debts, saving for a holiday, or setting aside for retirement. While these are sensible choices, there are valuable tax allowances that can make your spending more efficient. […]

The subject of inheritance is a hot topic. The Daniel Craig debate had ‘shaken’ and ‘stirred’ the topic by stating he’ll be spending or giving away most of his fortune, rather than leaving it to his children. It’s an interesting point of view, made a little easier of course if you’re lucky enough to be […]

From our perspective, the biggest impact on investments and financial planning relates to tax allowances and shelters available from the Government. When investments aren't held correctly from a tax perspective, it can mean losing money to HMRC and reducing returns. Start by asking: Are your savings, investments, and assets held in the right name, ownership, […]

If you’re thinking about retiring and taking money out of your pension pot, it’s important to look at the timing and order in which you do it: Many people arrive at the age they want to partly, or fully, retire with a range of assets. These can include cash, property, ISAs, bonds, pension plans, and […]

Most of us understand the benefits of investing tax efficiently. Using the tax allowances, such as ISAs, provided by the government each year means we can avoid paying unnecessary tax. However, many of us are missing out on the valuable tax savings available through our pensions. Pensions are one of the most tax efficient ways […]

This tax year brought in a reduction to some existing allowances meaning that the tax paid on income, savings and investments increased. Even for the tax rates that were frozen, in real terms when inflation is considered, this amounted to an increase in the tax payable by you. Not only was the personal allowance frozen […]