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Tax Relief Boost Pensions By £44 Billion

Retirement savers saw their pensions boosted by £43.7 billion by The Treasury last year, according to the latest official data. The figure was £2 billion...

Rich Should Pay More Taxes, Urges Think-Tank

The rich are not paying enough tax and the government should raise wealth taxes and scrap saving subsidies, argues a leading think-tank. Chancellor of the...

Good Reasons Why Everyone Should Invest In Shares

Millions of shares may be floating around the stock market but a surprisingly few investors own them - even though there are good reasons...

Cash Is No Longer King For Savers

If you are a saver with a share in that £269 billion cash squirrelled away in ISAs, you could be making a big financial...

ISA Tax Loophole Plugged For Grieving Families

The government is finally closing a costly tax loophole that opens when one of a married couple passes away. Since April 2015, the surviving partner...

Don’t Forget To Spend Your Retirement Cash In The Right Order

Money is complicated once you reach retirement because spending the wrong savings first could make you worse off by sparking a tax bill. Although 25%...

Tax-free Pension Cash Offers Over 55s A £26,374 Windfall

More than half of over 55s plan to take the most they can tax-free from their pensions, according to a new study. 54% of those...

Platforms Get A Leg Up From pension Freedoms

Retirement savers switching their cash from workplace final salary pensions to more accessible SIPPS is fuelling a record-breaking year for investment platforms. Billions of pounds...

How To Let Your Children Retire As Millionaires

Pensions can be child’s play for British expats looking to make tax-effective savings for their kids. A little-known money fact is children may not pay...

How To Pay Less Tax With A Pension

Most people would like to see their money go further but lack the financial expertise to make the most of their pension and savings. But...

How An IFISA Can Help You Save Tax

Few savers have heard of an IFISA – an Innovative Finance ISA – that offers tax breaks for investing in peer-to-peer finance. IFISAs were introduced...

Are You A Savvy, Safe Or Adventurous Saver?

If you are over 50 and a dedicated saver, you are likely to match one of five profiles, according to new research. The savers range...

Osborne Set For £12 Billion Pension Tax Raid

Chancellor George Osborne is setting his sights on raiding pensions to save the Treasury billions of pounds. Following a consultation with providers and finance professionals,...

Savers Left Guessing Over Pension Tax Breaks

Chancellor George Osborne has put reforming pension tax relief on the backburner until the Spring Budget 2016. Osborne announced a wide-ranging consultation on overhauling how...

ISAs To Open Up For Crowdfunding And P2P Lending

Staking cash in start-up companies has just become easier for investors with the Chancellor’s Autumn Statement 2015 announcement that ISAs will allow crowdfunding from...

Six Top Tax Breaks For Investors

The riskier the investment, the better the tax break is a rule of thumb for investors. Savings and investments can range from cash in the...

Borrowers Advanced £459m From P2P Lenders

Peer-to-peer lending platforms advanced more than £459 million in cash to borrowers in the first three months of the year, according to industry figures. Data...

All Change As Pension Freedoms Alter IHT Thinking

A shift in inheritance rules that has accompanied pension freedoms has led to wealthy investors considering a U-turn in the way they hold or...

Budget 2015 – Personal Tax And Savings Changes

Chancellor George Osborne’s Budget 2015 offered little in financial surprises for expats as the state of government finances left him little room for any...

Watch Out For The ISA Stocks And Shares Tax Trap

Investors looking to boost their incomes by wrapping shares paying dividends in ISAs, pensions and other investment vehicles may fall into a tax trap. Although...