After two long years of lockdowns and Covid restrictions, it seems that life is finally returning to normal. We are able to see our loved ones, enjoy our favourite activities, travel freely, and plan ahead with a degree of confidence.
That means now is the perfect time to make sure your money is working for you, particularly as the current tax year is about to end. So, in this latest Benchmark release, we discuss how to make the most of your tax allowances, such as using your ISA allowance, taking steps to reduce your Inheritance Tax bill and topping up your pension contributions and your children’s savings.
Of course, we cannot talk about planning your finances, without addressing the current cost of living crisis, which looks set to get worse before it gets better. We cover how to plan your finances when inflation is soaring and what steps the Chancellor is taking to ease the pressure on households across the country. We look at what is likely to happen to interest rates during 2022, as well as how the pandemic has prompted many people to look at changing careers and what this means for employers.
If you have any questions about these issues or your financial planning in general, please do not hesitate to get in touch. Your future remains our primary focus. We are here to help. As always, I wish you and your families all the best.