Categories:

With a significant increase to the lower rate of Capital Gains Tax (CGT) from 2024 and beyond, business owners need to consider when to sell their business. Doing so sooner could save considerable Capital Gains Tax.

Categories:

The student loan repayment threshold for England and Wales has been frozen at £25,000 until 2027, to the detriment of many new university students this September.

Categories:

New research has put some surprising numbers on the income needed in retirement.

Categories:

Understanding what your company is worth is a core consideration for many business owners as its value will have a considerable effect on your own future plans.

Categories:

With tax bands and other thresholds frozen, taxpayers should be aware of the implications of their income increasing. Increased income can mean more than facing a higher tax bill.

Categories:

A survey of 6,000 people, aged 18 to 80, revealed starkly different views on retirement across the generations.

Categories:

A business exit strategy is a strategic plan that business owners use to leave or sell the business. Understanding the types of exit strategies available and the most suitable one for you is a crucial part of succession planning.

Categories:

State pension increases could be outpacing inflation next April, and there’s no guarantee of the Triple Lock surviving the next election.

Categories:

There are now reports that the March 2024 Budget will include a reduction to the 40% IHT rate as a prelude to future abolishment.

Categories:

Most people draw their state pension as soon as it becomes available, but If you do not make that claim your state pension is automatically deferred until you choose to claim it.

Categories:

Although the lifetime allowance was effectively abolished from April 2023, it has been retained on statute for a year.

Categories:

If you hold assets in your own name, these assets may be subject to Inheritance Tax (IHT) on death as well as profits earned during your lifetime being charged to income tax at rates of up to 45% if you are an additional rate tax payer. A family investment company (FIC) could be used for tax efficient investment purposes.