After much speculation that the Chancellor would scrap Inheritance Tax (IHT) in his 2023 Autumn Statement, on the day, he did nothing of the sort. This means that your estate may still be exposed to the tax, which is typically charged at 40%, and if it is, you may be wondering how to reduce your exposure to it.
On Thursday 23 November, we held our annual 10-year Christmas meal. This year, over 60 employees joined CEO, Alan Hudson, at a restaurant local to our Head Office in Bromsgrove, where they were wined, dined and of course thanked for all their hard work and dedication over the years.
Extending your lifespan by six years could mean that you need to increase the value of your retirement fund to ensure that you can maintain your lifestyle for the additional period. Not doing so could mean you have to reduce your standard of living, or even worse may result in your retirement fund running dry.
You may be considering what you hope to achieve in the new year. The start of a new year can be the perfect time to make changes in your life, whether that’s to exercise more, eat less or become better with your finances. Read on to discover five important considerations that could help you to create a more robust financial plan and accomplish your objectives in 2024.
Inflation and interest rates have been in the headlines for many months. While falling inflation may sound like a positive thing, it’s worth bearing in mind that this could be bad news for savers. Read more to discover why this is, and why investing your cash might be the shrewder option if you want to expose your wealth to potential growth over the long term.
Discover 10 important money lessons that you can teach your children or grandchildren so that they can make smarter financial decisions when they’re adults. Lessons include: getting professional help is wise; you can’t spend if you don’t earn; and, the importance of saving.
Investment Trusts have had a tough time of late, meaning that they now look cheaper than at any time since the 2003 financial crisis prompted by the invasion of Iraq. But the companies’ chiefs are fighting back, using one of the few vehicles at their disposal to push up prices and reduce the widening disparity between the trust’s share prices and the value of their underlying assets.
Today, the Chancellor, Jeremy Hunt, presented his 2023 Autumn Statement. Our team of in-house experts have summarised the details to help you make sense of all of the new announcements. Read more to find out what it could mean for you.
When he delivered his Autumn Statement in 2022, the Chancellor announced that he would be slashing the Capital Gains Tax and Dividend Tax allowance. Furthermore, he extended the threshold freeze for both Income Tax and Inheritance Tax to 2028.
