The high marginal tax rates created by phasing out the personal allowance are back in the news. ‘A million to pay 60% income tax within years,’ ran a recent headline in The Sunday Telegraph. The next day The Times picked up on the same story with the article ‘Inflation may leave million more workers paying 60% […]
The decisions you make then could have repercussions for the rest of your life, and in recent years there have been some major changes to the retirement choices you can make with your pensions. This guide will help you understand the key issues and decisions that will affect your income after retirement. The Guide covers […]
Be prepared If you are a business owner, succession planning and insurance are important. Business succession planning is simply the process of planning for what you want to happen if you (or your co-owner, if you have one) were to die or fall seriously ill. If this happens, family and business partners can be […]
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 stop working? Whatever answer you give, the recent survey of 2,000 people who were either […]
Higher rate taxpayer numbers are rising sharply, and if that’s you, then professional financial advice is now more important than ever. There was once a time when paying tax at more than the basic rate made you a member of a somewhat select club. In 2010/11, the first year in which additional rate tax was […]
In theory, high inflation should mean high interest rates for student loans. But it is not that simple. The Retail Prices Index (RPI) is no longer used as a National Statistic, but the government still finds uses for the index when the results work in its favour (because it is usually higher […]
