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Breaking down 2024 inflation
Inflation fell in 2024, dropping to 2.5% from 4.0% in 2023. So why didn’t it feel like that? At the end of 2022, inflation in the UK, as...

Michael Hill
Feb 192 min read


The state of social care: 27 years of promises
How to fund social care has once more moved into the political spotlight. It is the turn of the year. The health secretary of the...

Michael Hill
Feb 122 min read


Pensions and IHT: beware April 2027
The latest Budget move to count pensions as part of your estate for inheritance tax (IHT) is a major change, with potentially significant...

Michael Hill
Feb 52 min read


Inheritance tax revisited
The Budget brought inheritance tax (IHT) into the news headlines, but its impact is not well understood. Â Mark and Hannah have an estate...

Michael Hill
Jan 312 min read


From new year to year end – keeping a tax-planning resolution?
As 2025 gets under way, it is once again the time of year to start considering your tax year-end planning. The early months of the year...

Michael Hill
Jan 242 min read


Attitudes to retirement
A recent survey has raised questions about retirement readiness. One of the world’s largest investment managers, BlackRock, recently...

Michael Hill
Jan 172 min read


National Savings & Investments and cuts
National Savings & Investments (NS&I) has been busy reducing its interest rates in recent months. NS&I has roots going back to 1861, when...

Michael Hill
Jan 102 min read


2024: a year of growth for investments
The global market outlook showed an improvement for 2024 with the US achieving more than 20% returns for a second consecutive year. A...

Michael Hill
Jan 32 min read


Have you seen my pension? The lost £31.1 billion…
There are now over three million ‘lost’ pensions worth over £31 billion. We all lose things, be it the proverbial change down the back of...

Michael Hill
Dec 27, 20242 min read


The NICs top-up countdown is underway again…
A third deadline for topping up State Pension entitlement is now coming into view. “Don't it always seem to go, That you don't know what...

Michael Hill
Dec 18, 20242 min read


Why mortgage rates are going up when the Bank of England is cutting rates
Not every interest rate moves in the same direction Source: Bank of England, Investing.com If you are approaching the end of your...

Michael Hill
Dec 18, 20242 min read


Where are your ISAs?
New statistics show that cash ISAs remain a popular investment. Â Every autumn HMRC publishes a set of annual savings statistics, setting...

Michael Hill
Dec 6, 20242 min read


HMRC still trying to give away money in unclaimed CTFs
HMRC is uncharacteristically keen to give money away, reminding young adults again that they may be due unclaimed child trust funds...

Michael Hill
Nov 29, 20242 min read


The Autumn Budget – a brave new tax world
Chancellor Rachel Reeves’ first Budget was a significant one in all senses. “…this Budget delivers a large, sustained increase in...

Michael Hill
Nov 22, 20242 min read


The cryptic arm of the taxman
Investors in cryptocurrencies like bitcoin should not forget the tax consequences of their digital wallets, says HMRC. HMRC regularly...

Michael Hill
Nov 15, 20242 min read


Pension crisis reaches China
The pension challenges facing western governments are also confronting the world’s second most populous country. At what age should the...

Michael Hill
Nov 8, 20242 min read


An update on cash savings
Financial Conduct Authority (FCA) publishes a review of the cash savings market following evidence of some dubious tactics at work. Table...

Michael Hill
Nov 1, 20242 min read


The 2025 State Pension increase
We now have a clear understanding of how much the main State Pension will increase next April. That the State Pension triple lock was not...

Michael Hill
Oct 25, 20242 min read


How to raise £10,000,000,000
With a ‘black hole’ of £22 billion to fill, there are plenty of groups giving Rachel Reeves advice. The Fabian Society published a report...

Michael Hill
Oct 18, 20242 min read


Capital gains tax: a minority sport?
Will increased capital gains tax (CGT) mean less tax gets paid? Source HMRC The Labour Party’s 2024 manifesto said, ‘We will not increase...

Michael Hill
Oct 11, 20242 min read
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