The Bottom Line

By Morgan Williams & Co.

Guide: 7 allowances you might want to use before the end of the 2024/25 tax year

When a new tax year starts, many allowances reset. So, checking if you could use these valuable allowances before 5 April 2025, when the 2024/25 tax year ends, might help your money go further. It’s important to understand which allowances fit into your financial plan and suit your goals. So, this guide could help you...
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European hidden gems that are perfect for a spring break

With so many headlines about tourists taking over popular holiday spots and governments introducing restrictions, such as tourist taxes and bans on new hotels or souvenir shops, you might find it harder than ever to decide where to travel next. Luckily, Europe is filled with amazing places you can visit to get the authentic experience...
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3 reasons why your mortgage interest rates could fall this year

A mortgage is often the largest loan you’ll ever take out, and looking at how much interest you’ll pay over the full term can often feel daunting. The good news is that the interest rate will often fall over time. Read on to discover three reasons why you might benefit from a lower rate this...
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Business owners: 5 reasons you could benefit from saving into a pension

Building a business can be exciting and rewarding, and it might play a key role in ensuring you’re financially secure now and in the future. Yet, focusing all your attention on your business could mean you miss alternative ways to provide security later in life, including overlooking a pension. Indeed, according to a January 2024...
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State Pension: Everything you need to know in 2025/26

For many pensioners, the State Pension provides a foundation to build their retirement income. Whether you’re already claiming the State Pension or it’s still some years away, here’s what you need to know in 2025/26. In the 2025/26 tax year, you can claim the State Pension from the age of 66. However, the age will...
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5 ways financial planning could help you emotionally prepare for retirement

While financial challenges often come up when those nearing retirement are asked about their concerns, emotional obstacles could be just as important. A financial plan might include looking at areas like your pensions and investments, but it could help you emotionally prepare for retirement as well. Here are five ways a financial plan could improve...
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Investment market update: January 2025

Concerns around potential trade wars following President Trump’s inauguration weighed on investment markets in January 2025, but there was positive news too. Read on to discover some of the factors that may have affected the performance of your investments. Keep in mind that short-term market movements are part of investing and taking a long-term view...
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How to pass on assets to vulnerable family members

When creating an estate plan, there might be people you want to pass wealth to but they’re not in a position to manage their finances. Using a trust could provide a way to leave a vulnerable loved one assets and feel confident they’ll be effectively managed. Trusts aren’t used as commonly as other ways to...
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Fiscal drag: How threshold and allowance freezes affect you

Despite intense speculation that the Labour government would slash tax allowances and exemptions, many are set to remain the same in the 2025/26 tax year. While that might seem like something to celebrate, fiscal drag could mean your tax liability increases in real terms. To maintain allowances and exemptions in real terms, the government would...
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