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Welcome to the first issue for 2024. The tax landscape has witnessed considerable  changes, making the situation more challenging for taxpayers and investors alike. As we near the end of the 2023/24 tax year on 5 April, every taxpayer should understand the importance of this date and consider their tax position.

Don’t leave it to chance and miss the deadline.

• On page 8 we once again look at ESG (Environmental, Social and Governance) investing. What does it mean and should it be part of your investment strategy?
• On page 9 we’ve provided some planning tips to consider and discuss with us.
• On page 10 with a 40% Inheritance Tax rate for assets outside of the allowance should you think of ways to help maintain intergenarational wealth and maximise tax effeciencies.
• On page 12 have you worked for many different companies? Do you know for certain that you dont have any lost pensions? Estimated £26.6 billion in lost pensions out there. Read more…

Full Contents

Page 3 – NATIONAL INSURANCE CONTRIBUTIONS (NICS). Significant reforms and rates cut for millions of workers.

Page 4 –  CHANGES TO THE STATE PENSION. ‘Triple Lock’ to increase by 8.5% from 6 April 2024.

Page 5 –  TIME TO SIPP INTO FINANCIAL FREEDOM? Ways to take charge of your retirement savings.

Page 6 –  TAX SAVING MEASURES. What actions to review before the 2023 / 2024 year end?

Page 8 – BALANCING PROFIT AND PLANET. Striving to use impact to boost investment return.

Page 9 – A TAX-EFFICIENT, FLEXIBLE METHOD FOR FUTURE PLANNING. Time is running out to use your 2023/24 ISA allowance.

Page 10 – SUCCESSION PLANNING, A FAMILY AFFAIR. A delicate process that requires clear
communication and effective planning.

Page 12 – TREASURE TROVE. £26.6 billion in forgotten pensions.