The recent outbreak of trade tensions has sent global markets into a tailspin. Amidst this volatility lies opportunity, a new tax year offers fresh ISA and pension allowances—an ideal time to make strategic moves that enhance your tax efficiency.

These products were once overlooked – often dismissed as expensive and inflexible. But they’ve come a long way. Today, they offer a range of tax planning benefits and can sit neatly alongside pensions, ISAs and general investment accounts (GIAs) as part of a well-structured financial plan.

Investment gains have increased from 10% to 18% for basic-rate taxpayers and from 20% to 24% for higher-rate taxpayers. Now is the time to make the most of available allowances, reliefs, and exemptions.

Many parents face a costly tax trap when their income exceeds £100,000, causing them to lose valuable childcare benefits.

As one door closes, another one opens.

The good, the bad and the ugly.

Using bare trusts, in the names of minor children, to fund private school fees.

A summary of all the rumoured tax hikes circulating over the past few weeks

Rachel Reeves has warned of tough choices to come - which taxes could be in her crosshairs?

Using whole-of-life insurance to provide for an inheritance tax charge

"'It's insurance Jim, but not as we know it!'"

A record £7.5bn in IHT was paid in the 2023/24 tax years - here are five options to mitigate a potential charge

A summary of the main personal tax changes for 2024/25 plus planning opportunities into tax year-end

"8 more sleeps until tax year-end"

Are Lifetime ISAs a no-brainer?

For parents, crossing the £100k earnings threshold can actually leave you worse-off due to the impact on childcare costs. But this can be offset via pension contribution.