The 2022/23 end of tax year guide: 7 allowances to make use of before 5 April 2023
The 2022/23 tax year ends on Wednesday 5 April. After this date, many allowances reset, and it could be your last chance to use some of them. Allowances can help your money go further by reducing your tax liability. Reviewing your finances before the deadline could help you identify some allowances that could be right […]
Employers: is it time to Boost your Employee’s Pension? Here are 5 ways to help
Employee benefits have hit the spotlight in recent years. Market-leading employers have recognised the benefits of offering more than salary and bonus. Whilst looking after staff’s physical and mental health has taken centre stage, a growing number of market-leading employers have turned their attention to their workplace pension. We have seen this trend in the […]
Taking tax-free cash from your pension? Here is everything you need to know.
If you’re thinking of accessing money from your pensions, the good news is you have plenty of options. The bad news is so many options can make it a little confusing. You may want to read our previous blog explaining ways to access your funds. The figure most people have heard about of 25%. This […]
7 Unique Money Challenges that women face and how financial advice can help
Most people will agree that more work should be done concerning gender inequality. But what about financial advice? We have found that women experience their own set of challenges regarding money. We are, of course, generalising here. Not all women will work part-time or take career breaks to raise children. We simply state the statistics […]
5 Financial Planning Tips for Small Business Owners
Running your own business can be incredibly rewarding, but you rarely have time to address other factors. We know this all too well! However, being a business owner means there is no employer to look after your insurance or pension arrangements. That is why we are here to work with you to achieve your financial […]
Successful investing: 3 simple steps you can follow to achieve investment success
Investing is hard, isn’t it? You must learn about a complicated financial system, choose from various types of investments, and weigh many other factors before you can even invest your first pound. But investing doesn’t have to be so hard that it feels impossible. The truth is that there are three simple things you can […]
It’s not a pension. It’s your Financial Freedom Fund.
What feelings do the words “Pension” and “Retirement” invoke in you? Boring? A long way off? Freedom? Confusion?! The word ‘pension’ has been used to describe that pot of money somewhere in the background that your employer set up. Each month, you diligently contribute, and so does your employer. You receive some tax relief added […]
Who’s left if you pass away? Why Life Protection matters.
So who is it? Your husband? Your wife? Your children? Who will pay the mortgage next month? Who will pay the nursery fees? How can you live the same lifestyle now that you can’t work? Who will pay for the medical bills? These uncomfortable questions form the bedrock of any sound financial plan. If you […]
What Is A Credit Score And How Does It Affect My Life?
Your credit score is an essential factor when you’re borrowing, renting, taking a contract, and other parts of life. When you sign up for a new loan, you will be judged on your score. If your score isn’t high enough, the banks won’t grant you a loan. What is a credit score? A credit reference […]
High earners – Beware the tapered annual allowance.
You may have never heard of the tapered annual allowance. Generally, if affects people earning over £240,000 and impacts 250,000 people in the UK. With most thresholds frozen and more high-growth companies appearing every week, this number is set to increase. What Exactly is the Tapered Annual Allowance? The tapered annual allowance reduces the yearly […]
