In an extensive address marking Labour’s return after nearly 15 years, Chancellor Rachel Reeves delivered the Autumn Statement on 30th October 2024. Below, we provide a summary of the key changes relevant to the financial planning sector. For a detailed breakdown of tax rates and allowances for 2025/26, visit www.gov.uk Taxation and Non-Domicile Regulations Starting …
The energy price cap rose by 10% from 1st October. Many people have been submitting meter readings and some are switching to fixed tariffs ahead of the change. Why Submit A Reading Now? Whilst you will be charged at the new price whether you submit your reading now or later, many energy bills are based …
House sales in the UK were 5% higher in August 2024 compared to the same month in 2023, according to figures from HM Revenue & Customs (HMRC). An estimated 90,210 homes were sold across the UK, reflecting this increase, though the number was slightly down—by less than 1%—from July 2024. The housing market’s resurgence has …
Cuts to interest rates are a key financial news theme in 2024 and we don’t expect that to change in 2025. Many central banks across the world are looking to reduce interest rates as inflation figures slowly return to normal. It is often heralded as great news for mortgage borrowers, but what about investors? Financial …
Introduction The Fed cut interest rates in September which, despite the Bank of England holding at 5%, is now expected to be the direction of travel for much of the developed world as it returns to some form of financial normality into 2025. China’s financial stimulus was another big story in September, as it was …
