As inflation hits a 30-year high in the UK, double-digit price increases could be on the horizon. At the start of 2021, inflation measured by the CPI yardstick, was running at a benign 0.7%, having been driven down by the impact of the pandemic. A year later, the rate had jumped to 5.5%, close to […]
The changes to national insurance contributions (NICs) announced in the Spring Statement in March were not straightforward. Let’s set the record straight. In his Spring Statement – or was it a mini-Budget? – the Chancellor announced several changes to NICs aimed at reducing the impact of the 1.25 percentage points increase in the rates that […]
What can financial planning do for you? Financial planning isn’t just reserved for the especially wealthy. Whether we’re aware of it or not, all of us are on a financial planning journey and nearly all of us will want to make the most of our money. The ongoing impact of Covid-19 on the nation’s physical, […]
The government has nearly finished its review of the next stage of State Pension Age (SPA) increases. But changes to life expectancy figures pose a significant, and potentially expensive, dilemma.
We’re now in the year of the Tiger according to the Chinese zodiac, which can symbolise resilience and strength. That may well be required after Wednesday 6 April ushers in the new 2022/23 tax year.
House prices rose by around 10% in 2021 – their fastest pace in 15 years – but that is no guarantee of what may come in 2022. Relying on bricks and mortar to boost your finances may no longer be as attractive as it once was.
2021 ended with inflation sitting at 5.4%, but it may not have felt like that to you.
A convincing WhatsApp scam where criminals pose as a friend or family member in need has cost users almost £50,000 in three months.
If you are a high earner and feel you are paying more and more tax, you are not alone. Increasing the tax burden for higher earners has been a deliberate policy of successive governments. Higher and additional rate taxpayers now pay about two thirds of all income tax. More than one in seven income tax […]
