What May 2025 Hold?

What May 2025 Hold? January 2025 blog from Therford Hughes

What May 2025 Hold? Firstly, may we wish everyone a Happy New Year. Hopefully, it will be healthy and prosperous too. What may 2025 hold? We start 2025 with ongoing geopolitical uncertainty. The war in Ukraine rumbles on and Israel continues its fight with Hamas and Hezbollah. This is as it was in January 2024,…

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HOW TO OBTAIN 45% TAX RELIEF ON PENSION CONTRIBUTIONS

HOW TO OBTAIN 45% TAX RELIEF ON PENSION CONTRIBUTIONS

Business owners tend to try and structure their income tax efficiently, but this can be enhanced further with a little planning. Fundamentally, other than the £3,600 annual contribution available to everyone, you can only place funds into a pension if it is from earned income. This excludes rental or investment income and dividends. For a…

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