News

Starting in June, HMRC will begin sending out simple assessment letters which for many will come as an unexpected surprise. From June 2025, HMRC will begin to issue simple assessment letters to those who are not required to make full self assessment … Continue reading →

The April inflation figure fell outside the Bank of England’s target range. Source: Office for National Statistics The Bank of England targets an annual inflation target of 2%, as set by the Chancellor based on the Consumer Prices Index (CPI). … Continue reading →

Gold has attracted investors in uncertain times with some strange consequences. Source: Investing.com Let me ask you a question, would you invest in something that had limited practical use, yielded no income and cost money (insurance, storage, etc.) to own? … Continue reading →

Taxpayers relying on HMRC to sort out the tax due on interest are given a warning. Over the last few years, one of the strategies adopted by successive governments to increase tax revenue has been by the freezing of tax … Continue reading →

Research has shown there is a lack of awareness about the next change to the State Pension Age (SPA). The changes to SPA have proved fertile grounds for controversy. The move to equalise women’s and men’s SPA at 65, which … Continue reading →

A new word was added to investors’ vocabulary in April. “Well, I thought that people were jumping a little bit out of line. They were getting yippy, you know, they were getting a little bit yippy, a little bit afraid.” So said … Continue reading →

In 1975, the Chancellor’s Budget dared to go where no successor has dared since.   1975 was a memorable year in UK politics. In February 1975, Margaret Thatcher won the Conservative leadership election from Ted Heath, who almost a year … Continue reading →

2025 introduces a technical change to company car tax, which could alter your next choice of car. In recent years, the tax rules for company cars have provided a major incentive to choose a battery electric vehicle (BEV), with zero … Continue reading →

If anything happened to you tomorrow, how much does your partner know about your finances and how easy would it be for them to find out? It’s been five years since the pandemic turned the world upside down. The experience … Continue reading →

The House of Commons Treasury Committee has been pondering the future of Lifetime ISAs (LISAs). The Lifetime ISA (LISA) is arguably a good example of brand overstretch. When ISAs were first launched in 1999, there were only two varieties, and … Continue reading →

The government is showing no signs of changing its plans to levy inheritance tax (IHT) on pensions. Sometimes what creates the most noise in the wake of a Budget is not what will hurt the taxpaying population most in the … Continue reading →

2025’s first set of inflation numbers were higher than expected, but more rises are coming. Source: ONS The UK has experienced an inflation rollercoaster since the start of this decade, as have many Western economies. In January 2020, the annual … Continue reading →