Every industry has its own jargon – words and phrases that can seem confusing to outsiders. The world of finance is no exception. In a recent survey¹, less than a quarter of British adults say they know what a defined contribution pension is, while 26% could correctly explain how the offside rule works in football. […]
There are a variety of methods being used including calls, texts and voicemails. Fraudsters are contacting the elderly and vulnerable claiming to be from HM Revenue & Customs. Victims are being told they have arrest warrants, outstanding debts or unpaid taxes in their name. The fraudsters are asking victims to purchase iTunes gift cards as […]
Each year, UK taxpayers waste billions of pounds by paying tax unnecessarily or failing to claim tax relief that was due to them. With the advent of the 2017–18 tax year, it’s worth spending time thinking about the tax allowances that are available on savings and investments, and aiming to put them to good use […]
Over the long run, the market has provided substantial returns regardless of who lives at Number 10. The imminent snap General Election is the first national vote in the UK since the EU referendum. While the election’s outcome and overall impact are unknown, there is no shortage of speculation about how the election will impact the […]
One of the most common myths concerning Inheritance Tax (IHT) is that it is only paid on the estates of very rich families. However, with property prices remaining high, many more families are facing the prospect of their estates falling within the IHT threshold on their death. The nil-rate band stands at £325,000 and will […]
Someone once said that preparing for retirement was as big a challenge as starting your first job, and in many ways, it can be. In the early part of the last century, retirement was sadly often very short. Thanks to increasing life expectancy, people retiring today could be looking at several decades. That’s why more […]
