Knowledge Hub

All of the latest tax and finance information

Pensions come under Inheritance Tax rules from April 2027

Pensions are set to be drawn into the Inheritance Tax (IHT) net from April 2027, in a major change to the current rules, which means you need to know what to expect so you can prepare accordingly. Currently, pensions are often outside your estate for Inheritance Tax...

Does your family know where to find your will? Or pension?

Thousands of people in the UK die without a will, and even where a will exists, loved ones can struggle to locate it. Research suggests many couples and family members would not know where to find key documents when someone dies. Not knowing where important documents...

Saving for school fees? The sooner you start, the better

Saving for school fees? The sooner you start, the better There’s no getting away from it children are expensive, particularly if you are planning to fund private school and/or university costs. The earlier you begin setting money aside, the more manageable the monthly...

£50,000 a year earners and landlords need to get MTD ready

New Making Tax Digital (MTD) rules coming into force in April mean around 850,000 landlords and self-employed people earning more than £50,000 a year, which would be declared on their 2024/25 tax return, are required to register for MTD by April 6, 2026, if they...

6 Common Start-Up Mistakes Small Business Owners Should Avoid

Starting a business is an exciting step, but the early stages of building a company often involve challenges and uncertainty. Many entrepreneurs believe that having a strong idea and working hard will automatically lead to success. Most business difficulties arise not...

Maximise Your Tax Allowances Before 5 April

There’s just over a month until the end of the tax year on 5 April, which means now is the time to check whether you’re making full use of the tax allowances available to you. Many allowances reset on 6 April and if they’re not used, they’re often lost. A short review...