Almost four months after the Labour victory in the general election of early July, Chancellor Rachel Reeves finally delivered the new government’s first Budget on 30 October 2024. Since taking over the keys of 10 Downing Street, Prime Minister Keir Starmer and his team had consistently telegraphed the likelihood of “painful” tax hikes. As well as the alleged £22 billion…
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There’s a fine line between optimistic spontaneity and sheer denial—Danny’s marathon in Lisbon skated that line expertly! For his first (and very likely last) 42.2 km, he opted for a unique training regime: several days of “preparation” exploring Lisbon’s cafes and sampling its pasteis de nata. When race day…
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Our local clients will be very familiar with the enormity of the Lewes Bonfire celebrations. It is such a big part of the town’s tradition and normally we at Herbert Scott are happy to be spectators. This year, however, two of our employees, took two very different roles in the night’s celebrations. Jemma Williams, one…
read moreAlmost four months after Labour won the general election, chancellor Rachel Reeves has delivered her 2024 Autumn Budget, outlining the government’s plans for this tax year and beyond. Arguing that the July general election had given Labour a “mandate to restore stability and start a decade of renewal”, Reeves described it as “a budget to fix the foundations and deliver…
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Halloween is just around the corner, but there’s more than ghouls and ghosts to be scared of. Sometimes, daily life can be just as frightful as the latest horror film. Here are five reassuring ways a financial plan could help you next time you encounter one of life’s scares. 1. A financial plan could…
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What’s stopping you from retiring sooner? For many, it’s not just finances that are holding them back but their mindset too. If the excitement of retiring is also mixed with nerves, a financial plan could give you the confidence boost you need to take a step back from work. Finances may play a role in the…
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Many famous painters have immortalised the incredible landscapes of the places they lived or visited in paintings hanging in museums around the world. Have you ever wanted to step into a painting? These five beautiful locations captured in famous landscape paintings could give you a chance to do just that. 1. ‘The Starry Night’…
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How would your family cope financially if you passed away? It may be a difficult question to consider, but it could also be an important one. Understanding the challenges your family could face may mean you’re able to identify steps to protect them, including taking out financial protection if appropriate. Financial protection is a type of…
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By its very nature, the investing industry is full of differing views on how one ought to invest their hard-earned cash. One of the more polarising debates is whether an investment in gold, physically or synthetically via an investment fund, makes good sense. The debate tends to flare up each time gold experiences a rapid growth in value, such as…
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More than 70% of Brits think Inheritance Tax (IHT) is unfair, according to a poll carried out by Tax Policy Associates in 2023. You might consider how other countries handle taxing assets when you pass away to be “fairer” – read on to find out more. Over the last…
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