Revelations made by the media in January 2025 certainly make for interesting reading. They reported that HM Revenue & Customs (HMRC) received a record £6.3 billion in Inheritance Tax (IHT) between 5 April 2024 and 31 December 2024.
As the end of the 2024/25 fiscal year approaches, you may be wondering how you could maximise the allowances and reliefs that are available to reduce your tax liability. With the deadline of Saturday 5 April getting closer, it’s important to remember that if you don’t use many of the reliefs and allowances provided, you’ll lose them when the new tax year starts.
Growth in the US economy has outpaced that of the eurozone in recent years. In this month’s commentary our Chief Economist, Colin Warren, looks at some of the reasons why.
Five years on from the #CovidPandemic, read out latest blog to discover how it could help you to be a #SmarterInvestor
Discover how you could protect your income and standard of living if you’re diagnosed with a serious illness and unable to work. As the NHS declares a ‘critical incident’, learn how you could protect your lifestyle if you can’t work while waiting for treatment.
In this month’s commentary, our Chief Economist, Colin Warren, explores the economic outlook for 2025, focusing on growth, inflation, and interest rates across the US, eurozone, and UK.
As we start 2025, you may be considering marking the New Year with some new habits. This may be to exercise more, create a better work-life balance, or to get more from your finances.
As Christmas is a time for giving, it could be an ideal opportunity to mitigate, or potentially negate, your estate’s exposure to Inheritance Tax (IHT). This might be more important than ever when you consider that the Chancellor, Rachel Reeves, extended the freeze on the nil-rate band (NRB) until April 2030.
President Trump has threatened to impose tariffs on some of America’s main trading partners. In this month’s commentary our Chief Economist, Colin Warren, looks at how tariffs can harm economic wellbeing via their impact on prices, jobs, and productivity.
