6 things to do before tax year end
The tax year will be coming to an end on 5th April. With that cutoff date in mind, we wanted to remind our clients of some of the allowances available to you during the tax year. It’s important to make sure you’re making the most of your allowances in all…
Have kids? Watch our guide to Junior ISAs
By starting to save early you can give your child a good financial start in life. Junior Individual Savings Accounts (Junior ISAs or JISAs) let you save and invest on behalf of a child under 18. There is no tax on the interest or investment gains, which means the money…
New year, new decade, new approach to your finances?
You may have already made some New Year’s resolutions regarding exercise and healthy eating but could your finances do with slimming down too? The start of a new year, not to mention a new decade, is a great time to review your financial affairs, analyse your spending and make plans…
The Charters Annual Summary – 2019: A year of change
It’s frequently said that the two certainties in life are death and taxes. This may be true, but there is at least a third certainty—that things change. Indeed, 2019 has seen plenty of that and it has been a privilege to work with our clients to deal with those very…
5 steps to bring your dream of early retirement closer
Do you find yourself counting down to Friday each week, even when it’s only Monday morning? Do you wish you could ditch the daily commute and long hours at the office? Have you got a secret desire to drive across America or buy a second home in the south of…
Can I afford to retire?
Retirement has repeatedly been labeled as “the longest holiday of your life.” But appealing as that sounds, do you have enough money to pay for the holiday? Research by one leading insurance company shows that 69% of people aged 50 plus are worried about their income in retirement. Many people…
What does Brexit mean for house buyers and sellers?
While you may be totally fed up of the word, Brexit has had a major impact on the UK housing market. What has it meant for buyers and sellers? What might the best course of action be now? The Rightmove House Price index in October showed that the traditional ‘autumn…
The 62 per cent income tax trap
Paying tax is a necessary part of earning income and being part of a society. That is accepted. But while you may have thought that the top rate of tax is 45 per cent, there are hundreds of thousands of people paying 62 per cent due to an odd quirk…
How long would your savings last?
A recent survey has found that the normal working person in the UK has around a month’s worth of savings to be able to sustain their current lifestyle should their income cease without notice. The data gathered from 2,000 people found that the average person’s savings would support them for…
Is Inheritance Tax for the chop?
Inheritance Tax (IHT) is deeply unpopular, there’s no denying it. According to a 2015 YouGov poll, 59 per cent of the population think it’s unfair. So whichever party is in power after the Election, it’s likely they will include it as one of the taxes to be reviewed. Indeed, at…