Your fifties are the perfect time to ensure your pension savings and retirement plans are aligned. This decade will hopefully see increased earnings, potentially the mortgage cleared or at a…
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Since the £5,000 dividend allowance was introduced on the 6th April 2016, the differences between an ISA and a General Investment Account (GIA) have been marginal for assets under a…
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Most people haven’t considered the pension lifetime allowance (LTA) and probably don’t think it will ever have an impact on them. However an increasing number of pension savers are facing…
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According to recent HMRC tax data the number of UK estates liable for inheritance tax (IHT) is forecast to rise by 15 per cent to around 30,000 this year. Every…
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When your annual pension statements land on your doormat, do you pop them in the drawer and promise yourself that you will “sort out your pension plans later in the…
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Getting the most out of the available tax allowances and reliefs is a crucial part of your wealth planning. You could save 20%, 40% or even 45% tax on your…
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Christy Morrison, Head of Wealth Planning, reviews Inheritance Tax and the new Residential Nil Rate Band. Inheritance Tax (IHT) is the tax levied on your estate when you die. An…
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6 April 2016 marked the one year anniversary of pension freedoms, which transformed the landscape in terms of the options and flexibilities available on retirement. No longer were retiring individuals…
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The most recent UK budget in March 2016 introduced a few surprises; below is an overview of some of the changes coming our way. Personal Allowance and Higher Rate Tax…
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