Buy-to-let tax changes bite with rising interest rates
Changes to buy-to-let tax rules that took effect in the 2020/21 tax year could soon inflict financial pain on investors as interest rates rise.
UK
Auto-enrolment: an unusual success story
The success of automatic pension enrolment was recently underlined by new data from the ONS, but if you’re self-employed or only making minimum contributions, you may need to review your retirement planning.
The Chancellor’s May economy statement: all about energy
In late May, the Chancellor announced new measures to counter the rising cost of living, chiefly energy prices – a package greater in scope than many had expected and coupled with an Energy Profits Levy.
12% interest on student loans? Not so simple
Rising inflation, a high Retail Prices Index and delayed interest caps could see rising interest levels for student loans. What will it mean for student debt in your family?
Higher rate taxpayers: no longer a select club
There was a time when paying tax at more than the basic rate made you a member of a somewhat select club, but higher rate taxpayer numbers are rising sharply. If that’s you, then independent financial advice is now more important than ever.
New reforms set to simplify divorce in England and Wales
From 6 April, divorce will become easier thanks to a change in the law, but even if a split is amicable, independent financial advice is still essential.
Triple Lock shifts to Double Lock in 2022
The DWP has revealed that the Triple Lock will not apply next April, leaving a funding gap worth up to £9.35 a week. So how will the new Double Lock affect you?
Placing a cost on retirement
New research has put a post-pandemic price on the amount of income needed for retirement. What standard of living could you have?
The Autumn Budget – taxed and spent
The first Autumn Budget in three years – and the Chancellor’s third in less than 20 months – featured no significant increases in tax, but it’s never too early to start thinking about your year-end tax planning.
Reconsidering your pension contributions
Increases to NICs from next April may disadvantage employees who make direct contributions to their pension pot, with salary sacrifice becoming a more attractive option.