The Tavistock Blog
News and views to help you plan your financial future.
Latest Insights
UK house price recovery – are we there yet?
Recent Bank of England data suggests that housing market activity remained subdued in the opening months of 2023, with the number of mortgages approved for house purchase in February nearly 40% below the level prevailing a year ago, and around a third lower than pre-pandemic levels.
Keeping it in the family
Understanding how to pass on wealth in the most tax efficient manner is key to cutting the amount that HM Revenue & Customs (HMRC) can claim when it eventually comes to assessing inheritance tax (IHT).
Early Bird ISA Investors Catch the Worm
Many ‘eleventh hour’ investors have rushed to complete their ISA applications over the last week or so to beat the end of tax year deadline. But it’s the early birds in the new tax year that can arguably catch the best tax breaks.
Should I stick or twist in a volatile market?
A question we are asked by clients at the moment is whether they should move to cash or stay in for the long run.
The importance of estate planning – and making a Will
Don’t underestimate the importance of estate planning – and making a Will The idea of having to pay inheritance tax (IHT) is unpopular to say the least. This tax is charged on an estate, which is the property, money and possessions left behind to loved ones who will pay 40% anything above the threshold.
Tax rises are coming
A whole host of tax rises and cuts to allowances will soon be upon us. Income tax bills are to rise as the bands for basic and higher rate were frozen in the Autumn Statement by Chancellor Jeremy Hunt.
Time for a tax health check
Using tax breaks and allowances can help offset hikes. With the current tax year soon to end, now is the time to make sure that you’re being smart with your money and using all the tax breaks available to you.
Preparing for an adviser meeting
If getting your finances into shape is on your to-do list for 2023 then you might be planning to see a financial adviser who can help.
Looking to re-mortgage in 2023?
An independent mortgage adviser can look for the best home loan for you across the market and do all the number crunching to give you access to all your options and help decide what works best for you.
“Every revolution was first a thought in one man’s mind.”
Ralph Waldo Emerson
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