The Autumn Statement will have a big impact on families and workers across the UK, from tax and minimum wage to energy bills and cost of living payments. Various changes affecting household budgets were announced by Jeremy Hunt [...]
There are few financial decisions you will make in your life that are as exciting and daunting as buying your first home. This is why getting professional advice from the offset is a good move, especially in today’s [...]
Don't abandon pension contributions as prices rise Welcome to the November/December 2022 edition of Smart Money. Welcome to our latest edition. As the cost of living continues to soar, with inflation reaching a 40-year high, the impact on [...]
When it comes to planning your finances for the future, retirement is not the only consideration. It’s also important to consider what will happen to your estate after your death. Unfortunately, many people don’t put time aside plan [...]
Trusts can be an effective way to reduce your inheritance tax (IHT) liability. Placing an asset into a trust relinquishes ownership to the trustee/s. This means that the value of that asset will be removed from your estate [...]
Inheritance tax (IHT) will need to be paid by your family on anything of yours that is of value after you die. Inheritance Tax is a tax on the estate of someone who has died, on any assets [...]
UK inflation rates are at a 40-year high, currently sitting at 10.1%. The consequences of this can be seen in our everyday spending, but it also can affect our longer-term borrowing as well. To try and compensate for [...]
On Friday, Chancellor Kwasi Kwarteng announced his mini-budget. The budget mainly focused on tax cuts and roll backs, but it also hailed significant changes to stamp duty. Here’s a short round up of the announcements: [...]
There is nothing like a global pandemic or a hike in the cost of living to make us take stock of the things that are important to us and, for many of us, the most important thing in [...]
Putting life on hold Rising living costs and its affect on life choices and milestones Welcome to the September/October 2022 edition of Smart Money. In this edition, we will be focusing on saving and investing in the current [...]
The Bank of England (BoE) has voted to increase the base rate by 50 basis points, the highest increase in 27 years. It now means the base rate stands at 1.75%. The decision comes amid a backdrop of [...]
Children will soon be back at school for a new academic year. For those parents who have opted for private education, they have only seen their fees rise significantly in the last few years. According to figures released [...]
