How well is the tax relief on pensions understood? Research suggests not well at all, potentially undermining saving motivations. Of late, HMRC has been publishing past research that had previously been kept under wraps. One interesting document to emerge details … Continue reading →

Higher rate taxpayer numbers are rising sharply, and if that’s you, then independent financial advice is now more important than ever. Source: ONS data, OBR projections. There was once a time when paying tax at more than the basic rate … Continue reading →

With inflation edging ever closer to double digits, the way you think about investment returns may need to change. From January 2000 to the start of this year, inflation, as measured by the Consumer Price Index (CPI), averaged 2.3%. Over … Continue reading →

An annual survey from major investment manager Abrdn has provided a snapshot of people who have or plan to retire in 2022. Wherever you are in your retirement planning, the research offers an interesting insight. When do you plan to … Continue reading →

The tax benefits of ISAs can extend to inheritance tax. Individual Savings Accounts (ISAs) have three major tax advantages: No UK income tax liability on UK dividends and interest. With frozen tax bands and allowances plus an increase in dividend … Continue reading →