Mosaac Financial Blog

The end of January was not only the deadline for personal tax returns but also marked a new tax era for online sellers. In the first month of 2025, online trading platforms such as eBay, Airbnb and Vinted had to provide HMRC with a report on their users’ sales in 2024. This was the first time such reporting had been due, although the origins of the requirement date back to 2020 when the Organisation for Economic Co-operation and Development (OECD) published model rules target

One of the nation’s largest investment managers has examined investors’ attitudes in the UK relative to other major developed G7 nations with interesting results. Personal wealth distribution In recent years, Chancellors of both main political parties have spoken about encouraging investment in UK shares. Their focus has been on persuading pension funds to show more interest, not least because of billions held in retirement savings. The days of persuading Joe Public to become

The Budget brought inheritance tax (IHT) into the news headlines, but its impact is not well understood. Mark and Hannah have an estate valued at £1.25 million, including their jointly owned home worth £400,000. Like many couples, their wills leave everything to the survivor on first death and to their children on second death. What proportion of their estate would disappear in IHT under current rules once that second death occurs? A. 8% B. 20% C. 24% D. 40% T