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2024 – the year of two Budgets
Many chancellors ago, in November 2016, Philip Hammond announced an end to spring Budgets and their replacement with autumn Budgets. At...

Michael Hill
Oct 4, 20242 min read


The taxing cost of pensions
HMRC has updated its estimates for the cost of pension tax relief. Rachel Reeves will have taken note ahead of her first Budget on 30...

Michael Hill
Sep 27, 20242 min read


Interest rates start to fall
August saw the first cut in UK interest rates since March 2020. Source: Bank of England On 1 August, the Bank of England cut its bank...

Michael Hill
Sep 20, 20242 min read


The case for holidays for investors
August started with sharp gyrations on global stock markets. It was a good time to be on holiday. Source: Investing.com  It was once...

Michael Hill
Sep 13, 20242 min read


Help your favourite charity and save tax
‘Tick the Gift Aid’ box to boost your donation to charity and save some tax. The number of national and international calls on our...

Michael Hill
Sep 6, 20242 min read


Prepaying / repaying student loans
Are student loans something to avoid? With the 2024/25 academic year on the horizon, student finance is again a hot topic for many...

Michael Hill
Aug 30, 20242 min read


Pension decisions for the new government
Autumn won’t leave much time for the new government to settle before important pension policy decisions need to be made. When MPs return...

Michael Hill
Aug 22, 20242 min read


The taxpayer club – have you joined?
New data from HMRC show growing numbers of income taxpayers paying above the basic rate. Source: HMRC The club that all members want to...

Michael Hill
Aug 15, 20242 min read


Opening the books – the government’s spending inheritance…
The date of the next Budget has been announced, accompanied by the new Chancellor’s warning about government finances. Chancellor Rachel...

Michael Hill
Aug 8, 20242 min read


Light my FIRE – could you really retire early?
Do you dream of retiring much earlier than your peers? Many ideas which originated in the US have made their way across the Atlantic. The...

Michael Hill
Aug 1, 20242 min read


Take a deep breath in a year of elections
Market responses to elections should be treated with caution. Source: Investing.com 2024 is a year of elections around the globe – in...

Michael Hill
Jul 26, 20242 min read


Heading down on interest rates?
Central banks around the world are beginning to cut interest rates with the European Central Bank leading the way. Source: US Federal...

Michael Hill
Jul 18, 20242 min read


From victory to Budget? Labour’s first 100 days
With a majority of over 200 and a weight of expectations, what happens next for Sir Kier Starmer’s new Labour government? The importance...

Michael Hill
Jul 11, 20242 min read


‘798 years on hold’: navigating HMRC’s customer service issues
The National Audit Office (NAO) has published a report on HMRC customer service which isn’t a happy story. Source: HMRC historic data,...

Michael Hill
Jul 5, 20242 min read


Not in the NIC of time
A useful new web tool has emerged, a little late in the game, in a joint effort from two government departments. In early 2023, HMRC and...

Michael Hill
Jun 27, 20242 min read


How to raise tax revenue without raising tax rates
As we count down to the general election in July, be wary of those manifesto promises not to raise tax rates. The Conservatives and the...

Michael Hill
Jun 21, 20242 min read


Dow Jones breaks through 40,000
In mid-May 2024, the Dow Jones Index crossed the 40,000 threshold for the first time. Source: Investing.com You might have noted...

Michael Hill
Jun 14, 20242 min read


Au-tonomy: a shiny investment or tarnished goods?
Gold (Au on the periodic table) is having its day in the sun, but for how long? Source: Investing.com Long before Bitcoin was even a...

Michael Hill
Jun 6, 20242 min read


Probate fees on the rise
The fees for obtaining probate in England and Wales have increased. The fee charged to obtain probate in England and Wales has been...

Michael Hill
May 30, 20242 min read


New British Savings Bond – worth the wait?
National Savings provides a glimpse of the new bond promised in the Spring Budget. Jeremy Hunt’s Spring Budget had an emphasis on...

Michael Hill
May 23, 20242 min read
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