financial advisers

9 ways to reduce your tax bill

Reduce your tax bill by using your allowances

How to reduce your self assessment tax bill If you are a high earner, then you will have to complete a self-assessment tax return each year. By using your allowances and getting good tax advice each year, you can pay less tax and reduce your UK tax bill. Looking to reduce your tax bill is […]

Planning for the Future: Wills and Estate Planning

Wills and Estate Planning

Wills and estate planning are essential tools for protecting your legacy. They give you control over how your estate is distributed when you pass away. What is a Will? A will, also known as a final testament, and is legally binding. It outlines your wishes and who inherits your estate once you pass away. It […]

Tapered Annual Allowance

Pension Annual Allowance

For high earners, the Tapered Annual Allowance (also known as the Tapered Pension Annual Allowance) can have a significant impact on pension savings and incur large tax charges. Before covering the tapered annual allowance in more detail, let’s recap about the Pension Annual Allowance: What is the Pension Annual Allowance? The Pension Annual Allowance is […]

Get the Best from the 2022/2023 Tax Year

are premium bonds worth it?

As tax thresholds are frozen for the next 5 years, many people will find themselves paying more tax. Anyone who pays tax on dividends or National Insurance contributions will also face an increase of 1.25%. If you haven’t thought about tax-efficient financial planning before, the current tax year might be a good time to start. […]

What happens to my pension after I die?

pension retirement plan

Who gets my pension after I die? Please note: this article refers to the rules for Personal Pensions and Self-Invested Personal Pensions (SIPPs). For private pensions please speak to your pension provider. Being a tax-efficient vehicle for savings, pensions fall outside of the estate when the account holder passes away. This means that there is […]

What did the Trustee Act 2000 do?

How many interest rate rises will we see this year

What is a Trustee? Let’s start with the basics before looking closer at the Trustee Act 2000. A trustee is someone who takes responsibility for money or assets set aside in a trust. The duty of care trustee act 2000 is to manage the trust money, use it in the best interest of the beneficiaries, and […]

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