National Parent Mental Health Day – on 30th January – serves as a powerful reminder of the unique challenges faced by working parents.
The temporary increase in Stamp Duty Land Tax (SDLT) thresholds is set to expire on 31 March 2025, meaning transactions completed after this date will be subject to the higher Stamp Duty rates.
In the current environment, it has become difficult for a lot of people to save as much as they would like. With this in mind, WEALTH at work, a leading financial wellbeing and retirement specialist, has prepared these tips as the basis for strengthening your finances.
According to CIPDs Labour Market Outlook, 21% of employers are planning to make redundancies in the three months to September 2024.
As a result of the new Pensions Bill, announced in the King’s speech, it will be interesting to hear more of the plans for trust-based schemes to be legally required to offer retirement income solutions to members, including default investment options.
According to WEALTH at work’s latest research of over 2,000 workers, the biggest financial concerns for the year include not having enough savings for unexpected costs (40%), not being able to save enough for the future (38%),
The number of people in full-time employment who believe they will never be able to afford to retire because of the impact of the rising cost of living is on the rise, with two fifths (39%) of workers claiming they will never be able to afford to stop working, up from one in three (33%) twelve months ago.
As announced in The Spring Budget, National Insurance (NI) is reducing from 10% to 8% from April 2024.
With the end of the tax year fast approaching, there is still time for individuals to take full advantage of their £20,000 ISA allowance.