The World In A Week – Rate cuts: a step closer
Written by Shane Balkham In July, the Fed’s preferred measure of inflation, known as the core personal consumption expenditures (PCE) price index,…
The World In A Week – Is a June rate cut still on the cards for the UK?
Written by Ashwin Gurung According to official figures from the Office for National Statistics, the UK’s annual headline inflation fell to 2.3% in…
The World In A Week – Hold on Till May
Written by Ilaria Massei The past week was relatively light in terms of data released. Equities returned to positive territory, with the MSCI All…
HMRC in clampdown on ‘side hustle’ tax dodgers
Brits selling second-hand goods or letting out their property online are being targeted by the taxman as part of a clampdown on those not declaring…
Tax year end: Strategies to safeguard your finances
As the end of the current tax year draws near, we are about to enter the third year of the six-year freeze on income tax thresholds, a move that has…
Labour cancels wealth tax plans – how it could affect your portfolio
The Labour Party has ruled out major tax changes were it to win the next general election. The news will be well-received by those looking to…
EU charity tax relief gift warning for estates
Leaving money to an EU-based charity will soon lose its tax-free status thanks to changes made to inheritance tax rules in March. It is not uncommon…
Bank of Mum and Dad: how to help your kids without compromising your plans
Nearly half (47%) of all property purchases in the UK will take place with the help from the so-called Bank of Mum and Dad (BOMAD) this year,…
Top ways to ensure your pension is on the right path
For anyone with a retirement pot to look after it is important to be aware of what your pension is doing. Pensions are an unfortunately complex…
£150k cryptocurrency fraud warning: key ways to protect your money from scams
Gloucestershire Police have issued a cryptocurrency scam warning after a victim was defrauded out of £150,000. Staff at a bank in Cheltenham…
Government weighs abolishing income tax benefit for inherited pensions
The Government could be set to scrap a valuable income tax benefit relating to the inheritance of pensions. The tax perk allows someone under the age…
What are the Mansion House pension reforms and will they affect your wealth?
Chancellor Jeremy Hunt announced pension reforms - dubbed the “Mansion House Reforms” - in early July. According to the Treasury, the reforms are set…