Why you should plan for the end of the tax year
Making plans for the end of the tax year – which is on April 5, with a new tax year starting on April 6 - allows you to make the most of the tax allowances given to you by the government.
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Top financial planning resolutions for 2022
As we welcome a new year, many of us vow to make it a year in which we improve our financial habits. But without a credible plan it is easy to slip back into our old ways without making a real difference.
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Why HMRC’s rule change does not mean you should delay paying your tax
If you pay your tax through a self-assessment tax form – and over 12 million of us do – the news that the Government is effectively suspending the late payment fee for those who miss the January 31 deadline this year might seem like a licence to dawdle.
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Why the Lords rejected the digital pound
Hopes surrounding a new ‘Britcoin’ currency for the UK hang in the balance after the House of Lords decided that was “no convincing case” for a British digital currency.
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What the new care proposals mean for you
The government recently approved new social care funding plans which could see some people able to keep more of their assets despite paying for care. Here are the answers to some of the most frequently-asked questions about the plans.
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Financial gifts for children
While it may be exciting for younger recipients to find a parcel under the tree, and teens often appreciate a gift card, considering a longer-term financial gift for younger people may reap dividends for the rest of their lives.
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Preparing for the unexpected
When we are managing our finances, most of us plan for the things that we expect to happen, such as university or school fees, or the need to fund our retirement.
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What the scrapping of the Triple Lock means for your retirement
The decision recently by MPs to back the government in scrapping the ‘triple lock’ on pensions should make everyone who is relying on the State Pension as part of their retirement plan sit up and take notice.
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Avoid being a victim of a pension scam
Many of us think that we are too savvy to be a pension scam victim, but the statistics show that it is surprisingly easy for even more sophisticated investors and savers to get caught out.