Optimising savings and investments

Each person in the UK can put up to £20,000 a year into an Individual Savings Account (ISA), which is a tax-efficient savings vehicle. If you are between 18 and 40, you can also set up a Lifetime ISA for your retirement savings or your first home. You can put up to...

Maximising pension contributions

One of the biggest benefits is the tax relief you can receive on pension contributions. Basic rate taxpayers will receive tax relief at 20% on up to £60,000 a year of contributions, but remember, you cannot receive more in tax relief than you pay in tax in a single...

Inflation on the rise

The latest inflation figures from the Office for National Statistics (ONS) reveal that the Consumer Prices Index (CPI) for October 2024 rose to 2.3%, up from 1.7% in September. This marks the first increase in inflation since July, and it has sparked interest among...
Government funding for free childcare

Government funding for free childcare

Nurseries are set to receive £204 million as part of the Government’s promise to deliver the largest-ever investment in childcare. The plans, which were announced in the Spring Budget, are designed to remove barriers to support parents to return to work and help grow...
Fighting Inflation

Fighting Inflation

Inflation is a word on many of our lips at the moment as the cost-of-living crisis continues.   While the headline rate of inflation – which hit 9.4% in June this year – relates to the average inflation rate suffered by individuals living in the UK, the actual...