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James Turner, Director at Turner Little, explores what the Autumn budget statement means for individuals when it comes to personal taxation. For many individuals, the Autumn budget Statement of 2022 delivered a blow to finances through various forms of taxation. While these will be implemented on a sliding scale up until 2024, this provides time
When it comes to the digital experience, consumers expect more from their financial services than ever before. For the most part, banking has been a people-led business, occupying brick-and-mortar cornerstones of our high streets. However, the Covid-19 pandemic has accelerated the adoption of digital banking services, namely due to less accessible physical banking channels and
Banking is often seen as a traditional industry. After all, it’s been around since the first known form of currency emerged. But banking has always innovated, and the current pace of change is at another level. The financial services industry is committed to digital innovation, redefining how banks operate and the services they offer to
Saving for a house deposit has never been harder. Young, first-time homebuyers may find themselves overcome by student debt, rising house prices and stringent mortgage requirements. As a result, family wealth is increasingly being used to help young people on the property ladder. A recent survey by property website, Zoopla, revealed that two thirds of
Wealth is increasingly becoming an intergenerational issue, and the question of how and when to pass on wealth to younger generations is becoming increasingly pressing. “It’s not always easy for our clients to discuss gifting wealth and inheritance with their family members, but passing on wealth earlier in life, and in smaller amounts could be
Businesses around the world are seeing the substantial benefits of remote working post-Covid-19. With more flexible work policies in place, and workers considering this new normal, the standard 9-to-5 workday is fast becoming a thing of the past. A common concern amongst millions of people, however, is what, if any, concessions employees can claim
As with any investment, Bitcoin and other cryptocurrencies often make for high-risk, high-reward choices. As such, it’s important to carefully weigh up the risks against the potential gains before deciding whether to invest your hard-earned savings into crypto. So, let’s look at both sides of the coin: what are the pros and cons of investing
PayPal has officially claimed its entry into the crypto market, giving its UK users the ability to buy, sell and hold Bitcoin on its platform. With over 400 million active users worldwide, the major player in finance has pledged to make cryptocurrency ‘a funding source for purchases’, marking a pivotal moment for cryptocurrencies and their
Hong Kong is famous for its towering skyscrapers and equally impressive, centuries-old temples, but there’s more to Hong Kong that makes it popular. Hong Kong is also home to a well-established private wealth management industry with extensive experience in serving high-net-worth individuals (HNWIs) from China and other Asian countries. As such, Hong Kong has long
Famed for its political neutrality, Switzerland is the world’s largest wealth management centre for international assets, according to Deloitte Wealth Management Centre Ranking. The ranking analysed global wealth management centres by size, performance, and competitiveness, placing Switzerland ahead of many thriving wealth management hubs, including the UK, USA, and Singapore. So, what makes Switzerland the
