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Why soaring interest rates are affecting national debt and could mean tax rises

by CA Financial Services | Sep 6, 2023 | Uncategorised

High inflation and rising interest rates aren’t just affecting households, they’re affecting the UK’s public finances too. Forecasts suggest the government may need to implement tax rises to avoid debt spiralling. According to the Office for National Statistics, at...

7 practical reasons to make a Lasting Power of Attorney now

by CA Financial Services | Sep 6, 2023 | Uncategorised

A Lasting Power of Attorney (LPA) could provide you with protection when you’re most vulnerable by giving someone you trust the ability to make decisions on your behalf. Yet, a survey in the Independent, found that less than half of married couples have an LPA.  If...

Inheritance Tax could be scrapped to secure election votes

by CA Financial Services | Sep 6, 2023 | Uncategorised

Reports suggest that the Conservative party will make scrapping Inheritance Tax (IHT) part of its manifesto pledge in a bid to secure the general election. Frozen tax thresholds meant HMRC raked in a record amount of IHT in the last tax year. Read on to find out more...

2 excellent ways you could boost your State Pension

by CA Financial Services | Sep 6, 2023 | Uncategorised

While the State Pension may not be your main source of income in retirement, it’s often an important one. If you’re not on track to receive the full amount, there might be things you could do to boost it. For 2023/24, the full new State Pension is £203.85 a week,...

8.5 million over-65s are paying Income Tax. Do you need to consider your tax liability?

by CA Financial Services | Sep 6, 2023 | Uncategorised

A combination of frozen tax thresholds and rising inflation mean an increasing number of retirees need to consider tax. Read on to find out what you need to know about Income Tax in retirement and how you could manage your tax liability. According to the Independent,...

Investing 101: 4 useful questions to answer when reviewing your portfolio

by CA Financial Services | Sep 6, 2023 | Uncategorised

Over the last few months, you’ve read about the potential benefits of investing, what to consider when creating a risk profile, and how you could improve tax efficiency. Now, read on to discover why reviewing your investment portfolio is a crucial part of managing...
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