Over the last year and a half, the Bank of England (BoE) has been aggressively raising interest rates to combat inflation. In June, the base rate reached 5%, the highest it has been for over 15 years. In response, the interest rates available on cash deposits have...
The 2023 budget brought significant changes to both the annual pension allowance and the lifetime pension allowance (LTA), impacting individuals' retirement savings. These changes arose primarily from the concern that high-income individuals in the medical profession...
The Opportunity There has been a lot of press recently about the opportunity to fill gaps in your National Insurance (NI) record back to 2006. This opportunity is available until 5 April 2023, so if you want to take advantage of it, you will need to act fast. The...
Over the years, we have come across many higher earners who are not taking full advantage of their pension allowances despite having the means to do so. This is particularly common with younger individuals who often feel that retirement is a long way off and they have...
At the start of each year, our investment team put aside time to read the investment outlooks from all the major banks and investment houses. Historically, these outlooks and forecasts rarely accurately predict the major events and subsequent investment performance...
Please click on the link below for the Taylor Money SmartMoney newsletter. SmartMoney July August 2022
The latest readings for inflation in the UK, US and Europe are 9.0%, 8.6%, and 8.1% respectively. The last time inflation was this high in the UK, Margaret Thatcher was the Prime Minister and the likes of the Village People, Bee Gees, and The Police were number one in...
Family Investment Companies (FICs) have become a popular alternative to trusts in recent years. They can be an effective and flexible means of using a well-known, tried-and-tested structure of a company to control, grow and distribute wealth on a generational basis....
The first six months of 2022 have seen markets suffer one of the worst starts to a calendar year on record. Since the beginning of January, the global equity market has fallen more than 14%. It is not just equities that have suffered; even bonds have experienced...
Bond markets have sent a warning signal about the US economy's growth prospects, just as central banks try to combat rising inflation by raising interest rates and scaling back their open market operations. The market for US government bonds has historically been a...
Names: Will Welton and Javier Navarro Company: Floe Oral Care Answered by Will on behalf of the company. Tell us about your company and the inspiration behind it. Javier and I set up Floe in 2019 and launched in September 2020. Having seen the adoption of subscription...
Traditionally, January is the time of year everyone signs up for a new gym membership or takes up running again to try and shift some of the excesses of the festive period. Though well intentioned, having usually done very little exercise for the best part of a month,...
2021 was a good year for investors with equity markets delivering strong returns. The removal of coronavirus restrictions, made possible by the global rollout of vaccines, generated one of the sharpest economic recoveries in recent times. One by-product of this...
Entrepreneur Series Name: Sam Stirrat Company: Blackacre It’s a pleasure to speak with you and thank you for asking me to be interviewed. 1. Tell us about your company and the inspiration behind it. Blackacre specialises in the creation of exceptional one of a kind...
Company pension contributions are a popular and tax-efficient way for business owners to extract profits from their business. One benefit is that company contributions are treated as a deductible business expense and can therefore be offset against a company’s...
Name: Leo MacLehose & Dom Collingwood Company: MatchPint Leo has answered on behalf of the company 1. Tell us about your company and the inspiration behind it. Myself and Dom set up MatchPint in 2011. As passionate sports fans we believe watching sport surrounded...
With the UK in lockdown for large parts of the last year, savings per UK household shot up to record levels. This phenomenon also took place around the globe with the US and Europe exhibiting similar increases in household savings rates. Here in the UK, the savings...
A Declaration of Trust is a relatively simple deed that, when deployed correctly, can add value in several wealth planning situations. In its simplest form, a Declaration of Trust allows an individual to declare that they hold an asset, or assets, on trust for the...
The Marriage Allowance is just one of several different tax breaks available to potentially take advantage of. For example, there are various allowances for income, dividends, gains, pensions… the list goes on. Some allowances are means tested while others are not....
Considering events over the last twelve months, it is unsurprising that Rishi Sunak’s second ever budget focused largely on measures to support businesses and individuals most impacted by Coronavirus restrictions. This was a budget about spending rather than taxing....
Benjamin Graham, the grandfather of modern investment theory, talked of two asset classes forming the basis of an investment portfolio: equities and bonds. In recent times, however, this has expanded to include several more, one of which is ‘alternatives’. What are...
After what feels like a lot longer than 8 months since the first lockdown, when we were told to “stay at home and save lives”, there is now a glimmer of hope that life might soon start returning to normal. Last week, Pfizer/BioNTech and Moderna, two companies that are...
Tesla, one of the more controversial stars of the US stock market recently announced its third quarter results. Having beaten its revenue and profit estimates, the stock jumped 5% while already being up over 380% this year alone. This has led to the company’s market...