The Bank of Mum and Dad: helping your children on to the property ladder
13 January 2020|6 min
When it comes to your children’s future, not much is predictable. You don’t know if your child will be gay or straight, artistic or sporty, a deep-sea diver or Wimbledon champion. However, one thing you can be fairly certain of is that they’ll need a place to live when they grow up. How do you ensure the Bank of Mum and Dad has enough in it to help them?
The six days of Twixtmas
26 December 2019|6 min
Twixtmas – the period between Christmas and New Year – is about the closest we come in the UK to downing tools. It’s a wasteland of inactivity interrupted only by the occasional Boxing Day sale or TV film you’ve seen ten times before. So how about this year we treat it as an opportunity to take time for ourselves and get on top of our finances? We’ve got a few ideas to get you started.
Financial planning in your fifties: your guide to pensions and more
2 December 2019|5 min
For many people, the fifties are the decade when thoughts turn to retirement. Whether or not you want to retire early, it’s important to know how much you have and what you can do to give yourself as comfortable a lifestyle as possible. I’ve advised dozens of clients in their fifties. Here’s what I’ve found.
Run your own limited company? Here’s a savvy way to boost your pension
19 November 2019|4 min
Are you a freelancer, contractor, sole proprietor or otherwise self-employed? If you’ve set yourself up with a limited company, you can make employer contributions to your pension directly from your company in a way that’s very tax-efficient. Here’s how.
How can I reduce my inheritance tax bill?
13 November 2019|5 min
Inheritance tax is charged at 40% and applies to nearly all types of property, possessions, savings and investments on the owner’s death. By making the most of your tax-free allowances, and with other measures such as giving gifts, you can lower your bill.
Going it alone: a guide to self-employment
6 November 2019|5 min
So you’ve taken the plunge. Or perhaps you haven’t quit your job yet but you’re thinking about it. You’ve got a great idea for a start-up, you’re about to become a contractor, or maybe you’re set to open that vegan bakery you’ve dreamed about. Here’s our guide to becoming self-employed.
Transparency: as crucial for coffee as for investments
25 September 2019|3 min
Our philosophy at Nutmeg is that every investor should be able to know exactly where their money is invested. But we believe that this transparent approach should not stop at investment. We’re now working with Pact Coffee, a firm that trades directly with farmers around the world to ensure customers know exactly who grew the beans in their cup.