The Chancellor of the Exchequer, Jeremy Hunt, unveiled his 2023 Autumn Statement on Wednesday 22 November, alongside an updated economic forecast from the Office for Budget Responsibility. We have created a guide to the 2023 Autumn Statement and what it means to you. Please click to view

The cost of living crisis and high inflation rate have been making it incredibly challenging for UK adults in recent months. You will have no doubt seen this impact at the supermarket checkout or when filling up at the petrol pump. The difficult financial situation in the UK doesn’t just affect you while you’re working. … Continued

Throughout your working life, you will have been building up a pot of money to help you do everything you want to do when you retire. If you have been saving diligently, you won’t want to lose some of your wealth to unnecessary taxes. However, there can be a lot to pay attention to once … Continued

Inheritance Tax (IHT) has been an incredibly unpopular tax for many years, with many critics seeing it as an unfair taxation on families who have worked hard to save and build assets during their lifetime. A replacement for Capital Transfer Tax, IHT was introduced in 1986 as an updated way of taxing someone’s estate, including … Continued

When you’ve been working for decades, retirement is something that you are no doubt looking forward to. You’ll have grand ideas of everything you want to do – whether that is extensive travel, setting up your own business, or spending more time with loved ones. That said, the cost of living crisis has led to … Continued

Retirement is a great opportunity to do all the things you’ve wanted to do but just not had the time. That said, before you retire, it’s advisable that you put together an effective financial plan to make sure you have the savings available to allow you to do everything you want. With inflation still high … Continued

Investing into one or more pensions while you work is one of the most effective ways of preparing yourself for retirement. Pensions are highly tax-efficient, and a great way of building up wealth to provide you with the lifestyle you want when you decide to stop working. In March 2023, chancellor Jeremy Hunt announced important … Continued

It would be fair to say that 2022 had its fair share of economic twists and turns. It was the year of the ongoing Covid pandemic, surging energy prices, soaring inflation and the start of the war in Ukraine. Then there was Liz Truss’s and Kwasi Kwarteng’s “mini budget”, which according to the Guardian, cost … Continued

One of the things 2022 is likely to be remembered for is the revolving door of tax changes. One reason for this was that the UK had four chancellors during the year, one of which had a very different approach to addressing fears that the UK was about to plunge into a recession at the … Continued

As we head towards spring you may be planning some DIY around the house or garden. If so, an article by Wellbeing News makes for sobering reading, as it reveals the number of people admitted to hospital with DIY injuries rose 11% between 2020 and 2022. While DIY around the home may be bad for … Continued