Achieving your financial goals through investing, and one size does not fit all
Even as we hope to put the coronavirus (COVID-19) pandemic in the rearview mirror in 2021, uncertainty regarding both the virus and Brexit is likely to continue to weigh on the UK and global economies as well as on our personal finances during this year.
Are you protected against future Capital Gains Tax rises?
It is almost inevitable that taxes will have to rise to help meet the potential £391 billion bill the Government has racked up in supporting the British economy through the coronavirus (COVID-19) pandemic. The Office of Tax Simplification (OTS) published a report in November 2020 outlining the policy design and principles underpinning Capital Gains Tax (CGT).
Understanding the different ways you can use your pension money
The UK has seen a rise in the number of people accessing their pension pots or enquiring about doing so. People accessing their pension as a flexible income has increased by 56% according to research since the first lockdown last year. The increase is due to people withdrawing after holding off when stock markets were volatile.
Taking time to understand your financial plans will really pay off
At the start of every year we have great intentions, as financial promises are renewed. Getting our financial life in order will be a top priority for many as we enter 2021. Consider focusing on two key areas: goals related to being prepared for the unexpected this year, and those related to what you want to be different at the end of the year.
Gray & Associates is a trading name of Ian Gray & Associates Ltd. Ian Gray & Associates Ltd is an Appointed Representative of Priscum Limited which is authorised and regulated by the Financial Conduct Authority. FSA No: 507387. Registered Office: 34 Kington St. Michael, Chippenham, Wiltshire SN14 6JJ Reg: England and Wales 5118965