Pensions have been a big topic in UK politics for some time, nevermore so than in an election year. That’s no surprise to us given their crucial role in the financial security of millions of citizens, but not everyone is as interested and engaged in pensions as we are! Here’s a quick summary of why …
Gifting is the act of giving money (or a ‘chattel’) to someone for nothing in return. It’s common for people to do this occasionally for family members, but there are specific tax rules to remember, especially concerning inheritance tax (IHT). Here are some key points to consider: Annual Exemption: Each tax year, you can gift …
Now we know that Labour will be in government for the next five years, we’ve reviewed their Manifesto promises to see what might be in store from a personal and business finance perspective. How closely they stick to it and what else might be in store will only be revealed in the forthcoming months, but …
Introduction June 2024 was a big month for global financial markets, marked by significant volatility and key economic developments. The interplay of geopolitical tensions, economic data releases and central bank policies shaped market sentiments across various regions. UK Inflation slowed to 2% in May, which is in line with the Bank of England’s target. However …
