Category: Tax Planning

What Falling Inflation Means for Your Finances

Following a cost of living crisis spanning almost two years, the rate of inflation has dropped to 3.9%. This is still relatively high, considering the Bank of England’s target is 2%. But having seen rates of over 11% in recent memory, there are strong indications that price…

Bonus Sacrifice – Should You Use it to Save Tax?

If you are fortunate enough to receive a bonus this year, you may be considering ways to save tax. While a cash windfall is always welcome, your bonus might push you into higher rates of tax, meaning that you receive less than you were expecting. Below, we explain how…