With a new year upon us, it is useful to have a clear picture of the key dates for your finances lying ahead in 2022. Since the cost of living is rising (inflation) and COVID-19 continues to pose challenges to the UK economy, staying ahead of these deadlines can help you put more money back into your pocket.
Are you a business owner looking for ways to reduce your tax bill? Increasingly, using Business Relief is a popular option – especially when it comes to reducing taxes on an estate (inheritance tax, or IHT). Below, our financial planning team at WMM shows how Business Relief works, the ways it can be used in a tax plan and some things to consider when doing so. We hope you find this useful and invite you to contact us if you’d like to discuss your own investment strategy.
What are “small caps” and “large caps” when investing? Are there advantages to investing in one, versus the other? As financial planners, our role is to help people understand how these types of assets work and how they might feature in an investment strategy. Below, we explain the differences and how they can be used to diversify a portfolio.