With tax revenues down thanks to depressed economic activity, tax increases are looking increasingly inevitable. In fact, some reports suggest that the largest tax rises in a generation may be being considered.
The tax advantages are so rewarding, the government sets strict limits on the amount you can invest in ISAs each cash year. This is capped at £20,000 in the current tax year. But there may be some ways to use ISAs to shield much more of your wealth from the taxman, and so make it grow faster as a result.
Even without a global pandemic, matters of finance can be a cause for concern for us all from time to time. But, how will things be for our children? We look at some of the answers, to help you and your children get the head start they deserve.
It may have been easy to forget that we are now in the third week of the new tax year. Some investors may ask should they you use your allowance early, wait until the end of the tax year? We look at three reasons why it may be a good time to act on this now.
Making the most of your investment portfolio requires expert knowledge and careful planning. Our belief in Lifetime Financial Planning can adapt as your priorities and financial goals change. With the new tax year upon us on Monday, we look at some of the answers for tax-efficient investment for different age groups.