Monthly Archives: October 2014
How to shelter your assets from unnecessary tax £325,000 The first £325,000 value of your estate is called the ‘Nil Rate Band’ because although it is taxable to Inheritance Tax (IHT), it is taxed at 0% (tax year 2014/15).
5 tips to help you be more confident about your financial future 1. Always have some money that you can access easily and quickly for emergencies, before looking to invest for the longer term. It’s reassuring to know you’ve got … Continue reading
Further clarity on the new rules for pensions published by the Government Retirement should be an exciting time, and these days there’s more scope than ever to arrange your finances the way you want them. For example, you could continue … Continue reading
Have you taken advantage of your larger tax-efficient allowance? The new Individual Savings Account (ISA) rules were introduced in July, giving savers and investors more flexibility and a larger tax-efficient allowance than ever before. Four out of ten people told … Continue reading
How to influence the income you’ll receive in your retirement On 10 July this year, the Office for Budget Responsibility warned that many of us might not be eligible for a State Pension until we reach the age of 70. … Continue reading
UK couples are spending more than £44,000 on average when they divorce or separate Achieving a fair resolution of all the financial issues surrounding divorce or the dissolution of a registered civil partnership can be highly stressful. Alongside wanting to … Continue reading
Why the days of ultra-low interest rates look numbered Inflation figures recently showed a sharper than expected drop in prices, cementing expectations that any rise in interest rates would be delayed until next year.
Have you considered tidying up your arrangements? It would appear we are now increasingly becoming a ‘consolidation nation’, with many people combining their different contracts and services to make them easier to manage. It’s a growing trend, and new innovations … Continue reading