NEWS
When life presents you with unforeseen challenges, obtaining a swift diagnosis and treatment, along with genuine assistance, support, and empathy, becomes crucial. Your health and the well-being of your family are your top priorities.
Continue reading “Private medical insurance”
As you plan for your later years, it’s crucial to consider how you want your finances managed and how essential expenses will be covered in case of illness or death. Addressing these matters now ensures that you or your family are prepared for future costs and can alleviate undue pressure.
Continue reading “Long-term care”
For residents of England or Wales who pass away without creating a legally valid Will, the government takes responsibility for determining the allocation of assets.
Continue reading “Writing a Will”
Managing finances and making healthcare decisions can become increasingly challenging when an individual’s health declines. Have you ever thought about the consequences of losing mental capacity and becoming incapable of making your own financial and welfare decisions? This is when a Lasting Power of Attorney (LPA) becomes crucial.
Continue reading “Lasting Power of Attorney”
The State Pension age is set to rise to 67 by 2028, followed by a subsequent rise to 68 between 2044 and 2046. However, there is currently a review being conducted to determine the appropriateness of the existing timetable.
Continue reading “Mind the State Pension gap”
If you are a UK resident planning for your retirement, it’s important to be aware of the State Pension changes that have taken effect in the new tax year. From April, the amount you can now receive as part of the UK State Pension has risen, which will be welcome news to those who have retired or are nearing retirement age.
Continue reading “State Pension”
If you’re an investor looking to maximise your Individual Savings Accounts (ISA) returns, it’s worth considering investing your ISA allowance as soon as possible each year, as soon as it becomes available on 6 April. Not only will this help ensure that your money is protected from taxes right off the bat, but it also means that your investment has more time to grow in the market. This can result in a bigger ISA pot in the long run.
Continue reading “Early bird investors”
Semi-retirement is an option to consider for individuals who may not be ready to fully retire, but still wish to reduce their work hours and gradually phase out working life. By choosing to semi-retire, you can maintain a good work-life balance while still earning an income.
Continue reading “More people choosing semi-retirement for a variety of reasons”
Chancellor Jeremy Hunt’s first proper Budget 2023, on Wednesday 15 March, brought some welcome but unexpected changes to pension tax. The changes are designed to alleviate the impact of strict pension rules, which are believed by Mr Hunt to have had a negative impact on the country’s labour market.
Continue reading “Pensions of significant value”
April brought a host of changes to the UK’s tax regime, with some thresholds for taxes such as additional rate Income Tax being lowered while others, such as Corporation Tax, are increased.
Continue reading “Giving while living”
// GET IN TOUCH
ADDRESS
3 Kinsbourne Court
96-100 Luton Road
Harpenden
Hertfordshire AL5 3BL
CONTACT
+44 (0)1582 463150
info@homer-co.co.uk
www.homer-co.co.uk
2018 Homer & Co LLP. Homer & Co LLP is authorised and regulated by the Financial Conduct Authority no: 498583 and is bound by its rules. Homer & Co LLP is a Limited Liability Partnership.Registered in England and Wales Company No. 0C344040. Registered Office: The Robbins Building, Albert Street, Rugby. FCA Firm Number: 498583 Legal. The information contained in this website is subject to the UK regulatory regime and based on our understanding of UK taxation laws. It is therefore subject to change. The website is primarily targeted to UK residents aged 18 and over.