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Inheritance Tax: How Can I Reduce It?

The uproar over increasing national insurance contributions and rocketing property prices has led to a return of wealth taxation issues rising higher up on the political agenda. One of the most well-known of these is inheritance tax. Inheritance Tax (IHT) is defined as a government levy on the estate (property, money or possessions) of someone

From Cradle to Grave: Planning for Retirement

Rising house prices, poor wage growth and the increasing cost of education means younger generations face an uphill battle when it comes to their finances. Research shows that millennials are set to receive more money from relatives than ever before, and financial help from grandparents can make a real difference to younger people’s lives. “Grandparents

The Lockdown Money Revolution

Many Brits have found that lockdown has been beneficial for their money, having cut back on personal spending and managing to put away some extra cash. According to eToro, Brits with unspent discretionary income are set to accumulate £75.5bn in savings in just three months. Restrictions on movement have meant that despite the financial hardships

Economic Recovery Post-COVID-19

Almost overnight, COVID-19 and lockdown changed the face of our economy and its legacy will be felt for decades. The coming months and years are undoubtedly going to be the most challenging in our lifetime for our economy, society and many of us individually. Unemployment, low productivity, declining competitiveness and low innovation will be hard

CAN CRYPTOCURRENCY TAKE ON TRADITIONAL FUNDS?

Many people call cryptocurrency the next step in the evolution of money. Since we have never had money like it before, it’s normal to question the concept and compare it with traditional currencies. “Business owners need to stay informed on financial trends in order to take advantage of new opportunities,” says Granville Turner, Director at

How millenials can get ahead with their money

Millennials are often painted as globe-trotting creatures that spend more money on avocados than their future. But that can’t be further from the truth. Millennials tend to be good savers, at least compared to other generations. Industry data shows that more than 70% of millennials have started putting money away for retirement and beyond. “Millennials

The Emerging World of Cryptocurrency

As the name suggests, cryptocurrencies are an emerging currency based on cryptography. Bitcoin is the most famous example, but new ones are being launched all the time. But with so much information out there about cryptocurrencies, it can all get a bit bemusing. “As it happens, cryptocurrencies have been in existence for quite some time,

Protecting Yourself Against A Recession

The coronavirus outbreak has spread to businesses, leaving many around the world counting costs. Notoriously, known as the Great Lockdown, it’s been affecting the world economy since early this year. The predicted recession is considered to be the steepest economic downturn since the Great Depression. So, what does that mean for you? James Turner, Director

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.