The UK’s consumer price index (CPI) breached the Bank of England’s target for the first time this year rising to 2.1% in April, up from 1.9% last month.
Adviser versus Self-invest
The significance of creating and updating your Will
Pension & Savings Time Bomb
Over Reliance on State Benefits
Highest Level of Inheritance Tax (IHT) Receipts
Record High Dividend Income
Make the Most of Your Tax Allowances Now
The Income Tax personal allowance has been increased to £12,500, allowing more of your income to be received without being subject to tax. For those who qualify for the marriage allowance transfer, (where a non-taxpaying spouse can transfer 10% of their personal allowance to a basic rate taxpaying spouse) the taxpayer can earn £13,750 before tax applies.
Are you paying unnecessary income tax?
Zombie Funds
Analysis in the report shows that investors who put money into zombie funds are often being disadvantaged as a result of high charges and poor investment performance. Regular investments reviews, typically annually, are therefore essential to ensure your funds are able to work as hard for you as possible.