Your complete 2021/22 end of tax year guide
The 2021/22 tax year ends on Monday 5 April 2022. This is the date when many allowances reset, and it could be your last opportunity to make use of some of them. Keeping track of how you’ve used your allowances can reduce your tax liability and help you boost your wealth. Reviewing your finances ahead
Guide: Building a nest egg – How to create financial security for your children and grandchildren
As a parent or grandparent, you may be thinking about ways you can build a nest egg for children or grandchildren. It’s a step that can give them financial security as they become independent. According to the Royal Mint’s 2021 Savings Report, 93% of parents say a savings account for their children is important. And
Investment market update: November 2021
A new variant of Covid-19, dubbed “Omicron”, is affecting some countries around the world, and it could lead to further restrictions in the coming months. The variant comes as supply chain issues caused by the pandemic continue to affect businesses and households. UK The UK’s latest GDP figures suggest the economy is lagging behind other
40% of people worry about Inheritance Tax, but only 7% seek advice
4 in 10 people are worrying about the impact Inheritance Tax (IHT) could have on the legacy they leave behind, according to Canada Life research. Yet, despite these concerns, just 20% are taking steps to reduce liability and only 7% seek professional advice. With a standard rate of 40%, IHT can mean a hefty tax
When you invest, how much do you expect to receive in return? A survey suggests that some investors have unrealistic expectations that could affect their long-term financial security. Research from Aegon found that half of UK adults have put money into investments because interest rates are low. While this can be a positive step for
