Capital Gains Tax on investments highest in 20 years

If you have made gains on your investments recently, your Capital Gains Tax (CGT) bill may be considerably higher than in previous years. Rates are now the highest they have been in two decades, with a staggering 46 per cent increase in CGT collected at the end of 2024 compared to… 

ISA reform could turn more savers into investors

Millions of people across the UK use ISAs to grow their savings without incurring a tax burden. But with inflation outpacing interest rates, the real return on cash savings is often disappointing over the long term. That is why potential ISA reforms could be a positive step outlined by the Government in their Spring Statement. The Chancellor, Rachel Reeves, is looking at ways to encourage more…

“Inflation targets achievable” says Chancellor: Investment strategies impacted

In her Spring Statement, Chancellor Rachel Reeves struck a cautiously optimistic tone as she declared the Bank of England’s two per cent inflation target “achievable” – though not immediate. The announcement follows news that UK inflation fell to 2.8 per cent in February, down from 3 per cent in January, offering some…