Ask the expert: I’m a higher rate taxpayer. Where can I save that won’t result in a big tax bill? Personal Finance Fidelity International personal finance specialist, Marianna Hunt, helps a taxpayer looking to lower their tax bill. Q: I’m a higher rate tax payer and likely to become an additional rate taxpayer. I currently hold both a cash and stocks and shares ISA. I also have Premium Bonds and a healthy amount in pensions. Where can [...]
High earners could be missing out on thousands in pension tax relief Personal Finance High earners could be at risk of losing a quarter of a million pounds in pension tax relief through failing to reclaim by the self-assessment tax return deadline. Brit ensnared in the £100,000 tax trap could see thousands of pounds slipping out of their grasp, as well as valuable free childcare support, according to wealth [...]
Divorced retirees more likely to rely on the state pension Personal Finance Thousands more divorcees depend on the state pension compared to those in a marriage as the financial impact of separation continues to ripple into retirement across the UK. Nearly 70 per cent of divorcees rely on the state pension for their main source of income after leaving the workforce, compared to 45 per cent of [...]
Young people seek to boost savings to offset cost of living squeeze January 13, 2026 Young people are seeking to save more money in 2026, as the cost of living crisis focuses minds on careful financial management. According to the latest City AM polling from Freshwater strategy, over half of Britons are aiming to save money, but a staggering 70 per cent of 18 to 34 year olds are prioritising [...]
Retail investor tax anxiety hits record highs January 13, 2026 Retail investor anxiety surrounding taxes has hit a record high, as Brits work to absorb the impact of Autumn Budget policy changes. Nearly 50 per cent of UK investors said they were concerned about the impact of taxes and government policies on the performance of their portfolios for the coming year in December, up from [...]
HENRYs set for further Budget blow as more dragged into £100K tax trap January 13, 2026 Thousands more UK workers are set to be pulled into the £100,000 tax trap as high earners brace for a further financial squeeze. The number of Brits earning six-figure salaries is set to surpass two million for the first time according to estimates from HMRC obtained by Rathbones, leaving more high earners to face the [...]
London families to shoulder nearly a quarter of all inheritance tax bills January 13, 2026 Families in London and the South East coughed up nearly half of all UK inheritance tax receipts, amid a continued climb in property prices. Londoners paid the greatest share of the unpopular levy, at 23 per cent, narrowly ahead of the South East at 22 per cent. This was followed by the South West, but [...]
Hargreaves Lansdown swipes new chief executive from Vanguard January 12, 2026 Britain’s biggest investment platform has poached a senior member of tracker funds giant Vanguard to be its new chief executive. Hargreaves Lansdown has appointed Matt Benchener as chief executive officer from July 2026, subject to regulatory approval. Benchener runs Vanguard’s personal investment business in the US, which has several million clients, and will join the [...]
Reeves’ VCT changes ‘could put start up funding at risk’ January 12, 2026 Chancellor Rachel Reeves’ shake-up of venture capital tax rules could leave UK start-ups facing a shortfall of millions in funding, a leading investment platform has warned. According to Wealth Club, the chancellor’s changes to venture capital trust tax relief in last year’s Autumn Budget could see British start-ups and scale-ups face a funding deficit of [...]
The tax return deadline is looming. Here’s how to avoid fines January 12, 2026 Many of us are guilty of putting our personal finance admin on the back burner, opting to leave paying our bills, planning the monthly budget and checking insurance policies until the last minute. But with the deadline of the 31st inching ever closer, leaving your self-assessment tax return until the final days of January, leaves [...]