Forget the car keys, National Walking Month is here! An annual reminder of the benefits of walking and spending time outdoors. It’s the perfect excuse to dust off your boots and rediscover the joy – and surprising benefits of walking. While statistics from the 2021 ONS Census show that driving reigns supreme as the most common commute option (45.1% in …
11 things you might not know about TPD Wealth Management
Eleven years ago, TPD Wealth Management embarked on a journey to empower individuals to achieve their financial goals. As we celebrate this impressive milestone, we want to share a side you might not know! Dive into our list of 11 facts about TPD, unveiling the people, the passion, and the moments that have shaped who we are. Get ready to …
Investment market update: March 2024
While inflation continues to be a challenge for many economies, there are positive signs in the UK and around the world. Read on to find out what may have affected stock markets and your investment portfolio in March 2024. Remember, volatility is part of investing and most people should invest with a long-term outlook. If you have any questions about …
Mortgage holders could benefit from rising property prices as an average sale made £74,000 in 2023
Rising property prices mean homeowners who sold in 2023 made an average profit of £74,000. Gains could help you move up the property ladder, but they could also be useful even if you don’t move and might lead to lower mortgage repayments. Read on to find out if you could benefit from rising property prices. Just 1 in 10 homes …
Could you face an unexpected bill now the Capital Gains Tax allowance has halved?
The gains you can make before potentially paying Capital Gains Tax (CGT) have halved for the 2024/25 tax year. If you plan to dispose of assets, the change could affect you. Read on to find out when you could be liable for CGT and some steps you might take to manage a bill. CGT is a tax on the profit …
The announcement of the new UK ISA marks 25 years of tax-efficient savings
Since they were introduced in 1999, ISAs have become a finance staple for many households thanks to providing a tax-efficient way to save and invest. As ISAs turn 25, chancellor Jeremy Hunt unveiled plans to launch a new UK ISA and has previously announced changes that could provide you with more flexibility. Read on to find out what you need …
More retirees may need to consider tax liability as State Pension nears the Personal Allowance
Pensioners have benefited from an 8.5% increase in the State Pension. While the boost is likely to be welcomed by many, the full new State Pension is nearing the Personal Allowance threshold. As a result, some retirees might need to consider their Income Tax liability for the first time or could be pushed into a higher tax bracket. The full …
What you need to know about taking your pension tax-free lump sum in 2024/25
Taking a tax-free lump sum from your pension could be a fantastic way to kickstart your retirement plans. If it’s something you’re thinking about, it’s important to consider the long-term implications and understand how much you could withdraw from your pension before facing a tax bill, as the rules have changed in 2024/25. Previously, you could take up to 25% …
Investment market update: February 2024
While many economies are still struggling with high inflation there are signs that the pace is starting to slow, which could pave the way for interest rate cuts later this year. To reflect this, the OECD has lifted its 2024 global growth forecast by 0.3%, when compared to the end of 2023, to 2.9%. However, the international organisation warned that …
7 historic houses to visit during Easter
If you’re looking for a fun way to spend time with your loved ones over Easter, why not explore one of Britain’s many impressive country houses? Discover the beautiful landscapes and incredible stories while enjoying brilliant Easter activities at these seven historical homes. 1. Dunham Massey, Cheshire Step into the 17th century in this gorgeous Georgian home and investigate their …