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Higher-rate taxpayers: Beware of the 60% tax trap

Published: June 28, 2024 by Jennifer Armstrong

The tapering of the Personal Allowance means some higher-rate taxpayers effectively pay an Income Tax rate of 60%, sometimes without realising. Fortunately, if you’re affected, there could be ways to reduce your tax bill. A report in the Telegraph suggests … Continue reading

Investment market update: May 2024

Published: May 30, 2024 by Jennifer Armstrong

On the back of data showing some countries have exited recessions at the end of the first quarter of 2024 and inflation falling, several market indexes reached record highs in May. Read on to find out what else may have … Continue reading

Here’s how rising interest rates have affected the property market

Published: by Jennifer Armstrong

Rising interest rates have been big news over the last couple of years, with many mortgage holders seeing their outgoings increase. It’s not just individual families that have been affected, it’s having a wider impact on the property market too. … Continue reading

Uncertainty drives record numbers to take out income protection. Here’s what you need to know

Published: by Jennifer Armstrong

Figures from the Association of British Insurers (ABI) suggest a record number of families are taking out income protection to create a safety net. Read on to find out how income protection works and whether it could be valuable for … Continue reading

3 practical ways you could reduce your tax bill in retirement

Published: by Jennifer Armstrong

The number of retirees who could face an Income Tax bill is expected to rise. If your total income could exceed tax thresholds, there might be some steps you can take to reduce your tax bill. The Personal Allowance is … Continue reading