2024 The Worlds General Elections

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  This year will see over 2 Billion people worldwide heading to the polling stations with many of the biggest countries in the world having a general election. The key to this from an investors point of view is where does each result leave you? Markets do not like uncertainty and so in that regard…

The rise of ‘Finfluencers’

  There is no doubt that in the last decade social medial has completely changed how we consume content. It is somewhat of an unavoidable juggernaut. What started initially as photos and socialising has transitioned to direct advertising and news consumption on a massive scale. According to a 2023 Ofcom report 47% of UK adults…

Will I live longer than my parents?

When it comes to retirement planning one of the questions that you can never answer is how long exactly will you need the income for? It is obviously impossible to work out exactly how long you will live for, so what most people do is use their parents age (where possible) to give them a…

Year End Tax Tips

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  With the budget on 15th March 2023 and the end of the tax year fast approaching most pre year-end tax planning will have been completed or should be well under way. However, there may still be some measures which can be undertaken to improve your tax position. Here are our top five tips to…

Capital Gains Tax

The Capital Gains Tax (CGT) annual exemption for individuals, personal representatives and trusts is to change from 6th April 2023. We thought it would be useful to summarise the changes as they may influence tax planning opportunities in advance of the end of the tax year.   Background CGT is charged on gains arising from…

10 things to do to save tax in the new tax year

Check your PAYE tax code The tax code is the identifier that tells an employer how much tax should be deducted from people’s salaries when they get paid. It’s important to check your tax code. If you have multiple employers or pension providers, you may get more than one tax code. If you’re on the wrong…

HOW MUCH CAN I PUT INTO MY PENSION

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  Even the best laid plans can go awry and with three potential types of pension annual allowances to deal with, it is inevitable that maximising pension contributions for clients might be left close to April 5. ‘How much can I contribute to my pension this year?’ seems a simple question on the face of it,…

Writing a will with Bentley IFA

UK Inflation will continue to rise due to continuing supply issues and rising energy prices. Average UK Inflation expected to be more than 4% in 2022. Impacting savers with negative real interest rates Tax currently is at its highest as a % of GDP since the 1950s. As announced in September the Health and Social…

The most searched pensions questions of 2021

Are pensions taxable? According to The Compensation Experts, ‘are pensions taxable?’ was searched 5,760 times on Google between May 2020 and April this year. Answer: ‘Your pension is treated as earned income and is subject to income tax. However, it is important to remember that you’re usually able to withdraw 25% of your pension pot…