Did you know: that since 2015, ‘pensions freedoms’ allow you to access your pension pot from age 55?
You can take it as a lump sum, drawdown regular amounts or buy a fixed income with an annuity.
Did you know: that life expectancy is increasing, which means you might need a larger pension pot to maintain your ideal lifestyle in retirement?
Advances in medical science, coupled with healthier lifestyles, means that average life expectancy continues to rise. In the ten years from 2011 to 2021, average life expectancy grew from 80 to 81½.
Is now the time to consider the advantages of grain co-operatives?
With grain prices depressed at harvest and only getting worse since and potential inheritance tax changes reducing the want for significant investment in storage, 2025 may be the year for more farms to become part of a grain co-operative.
Did you know: that Income Protection Insurance can replace up to 70% of your income due to illness or injury?
Statutory Sick Pay is currently £116.75 per week. That is less than a third of the weekly take-home pay of someone on the adult minimum wage.
Did you know: that only about 35% of UK adults have life insurance, despite its importance in providing for their families?
There are two main reasons that people take out life insurance cover – but many should be considering it for other purposes.
More investors looking at benefits of EIS and VCT investing
A growing number of investors are seeking ways to invest tax-efficiently in places other than their pensions and ISAs, usually because they have already fully used their ISA allowances, and significant pension contributions have compounded over the years.
The additional benefits of EIS and VCT investing
A growing number of investors are seeking ways to invest tax-efficiently other than through their pensions and Individual Savings Accounts (ISA). The reason being that those investors have fully used their ISA allowances and have significant pension contributions have compounded over the years. Pensions have a tax-efficient lifetime allowance, above which clients question why they should keep adding if they are going to get taxed later at a higher rate!
Make sure your Christmas party is Merry this year!
As we near the festive period, it’s important that you and your employees are not caught by tax charges for hosting a Christmas Party.