Knowledge and Insight

Tax rules are changing in ways that will affect people with significant investments. Even if your income stays the same, frozen thresholds and rising rates on dividends, savings and property income mean your overall tax bill may increase.

Tax efficiency becomes increasingly important as you prepare for and begin drawing on your retirement savings. Making the right choices could help you reduce unnecessary tax bills and thereby significantly extend the life of your wealth and potentially help pass on more to loved ones.

If you want to improve your financial wellbeing but keep putting it off, you’re not alone. Many people know they should get their finances in order, but life gets in the way. The good news? Taking control of your money doesn’t need to feel overwhelming. With a clear plan and regular check‑ins, you can build financial confidence and make meaningful progress towards your ideal life.

Tax year end is more than just a formality.

It’s one of the key moments each year to review your planning. It’s an opportunity to make sure you’ve used available allowances, checked that your current approach is still appropriate, and considered how upcoming tax changes may affect you.

Senior Financial Planning Director Adebola Babatunde shares some of the key points he’s been discussing with clients as the end of the tax year approaches. These points are general in nature and may not apply in every situation, as the right approach will depend on your personal and business circumstances.