The total tax take figure—representing the total amount of tax collected by the government—is often cited in discussions about fiscal policy and public finances. While this figure provides insight into…

Stealth taxes are indirect taxes or financial charges that are not immediately obvious but can significantly impact your financial situation. Unlike traditional taxes that are clearly outlined on your payslip…

Wealth taxes have been a topic of increasing interest and debate in recent years. As governments seek to address wealth inequality and fund public services, the concept of taxing wealth—beyond…

In recent decades, life expectancy has steadily increased, driven by advancements in healthcare, technology, and overall living standards. While this is a positive development for individuals, it poses significant challenges…

Inheritance Tax (IHT) has long been a topic of debate and concern. Traditionally seen as a relatively small component of government revenue, recent trends suggest that IHT may now play…

The concept of Power of Attorney (POA) is integral to legal and financial planning, allowing individuals to designate someone to make decisions on their behalf. However, the terms "Power of…

A will is a crucial legal document that dictates how your assets will be distributed after your death. However, many people draft their will and then neglect to review it…

Artificial Intelligence (AI) is reshaping industries worldwide, and the financial sector is at the forefront of this transformation. From enhancing trading strategies to revolutionising customer service, AI is becoming a…

For anyone unfamiliar with the detail and the nuances, it is easy to lump these three legal devices alongside each other, when, in fact, they are very different. In this…