Decoding Tax Codes

Tax codes are issued by HM Revenue and Customs (HMRC) and used by employers and pension companies to deduct income tax due. Provided that HMRC has all the information it needs when it issues a tax code, the right amount of tax should be deducted over the course of the...
Pension Death Benefits

Pension Death Benefits

Ensuring the right person gets your pension when you’re gone When a member of a pension scheme dies, the people they leave behind may be entitled to valuable benefits. This can be in the form of a regular pension, a lump sum or both, depending on the type of pension...
The Value of Advice

The Value of Advice

Research has shown that professional financial advice can make a real difference to your money. Those who use an adviser see their money grow faster than those who don’t, even when you consider the cost of advice. Seeking financial advice and putting into...
Expected Increase to Probate

Expected Increase to Probate

The Government is planning substantial changes to the level of probate fees. The changes were announced in November 2018 and were expected to come in to force in May 2019. Final approval has been delayed due to parliamentary Brexit negotiations; however, they are...
Should I Consider a Lasting Power of Attorney?

Should I Consider a Lasting Power of Attorney?

It’s not easy to think about a time when you may not be able to make your own decisions, but it can help to be prepared. With Dementia Action week from 20th to 26th May we thought it would be a good time to look at lasting powers of attorney (LPA) for personal...
Tax Planning for Individuals

Tax Planning for Individuals

The tax year end is almost upon us, so now’s the ideal time to ask yourself whether you’re making full use of your tax allowances! No one likes to pay more tax than they have to and with our expertise and careful planning, we can help you to save tax by making optimum...
Employer Pension Contributions

Employer Pension Contributions

Why businesses should consider pension contributions as a tax efficient option No one likes to pay more tax than they have to and with our expertise and careful tax planning, we can ensure that our clients fully utilise and maximise the tax reliefs, allowances and...
Live In Care

Live In Care

There are a number of different options available when someone requires care.  We’d like to thank Gary Derbyshire, Regional Partner at Promedica24 – Lancashire & North Yorkshire, for explaining more about live in care. What is Live-In Care? Live-in care is...