Make The Most of Your Income By Taking Advantage of The Tax Allowances Available to You

Posted by Rebecca Harbrow on Thursday 18th January 2024

Did you know that tax breaks could help boost your salary, savings and investments?

It’s easy to miss out on their full benefits as tax can be complex. But with help from your adviser, you can explore the following tax allowances in more detail.

For married couples or those in a civil partnership

You might be able to take advantage of the marriage tax allowance. It allows one half of a couple who earns less than the income tax threshold (which is £12,570) to transfer up to £1,260 to their higher-earning spouse – who must be a basic rate t...


VouchedFor Reviews - Latest

Posted by Rebecca Harbrow on Wednesday 10th January 2024

Our latest reviews are in and we're proud to show you our latest reviews from clients regarding their experience with working with Rebecca.

 

Reviews allow clients and prospective clients a glimpse into how we work at Blue Heron and how we are perceived.

 

You can view our latest reviews here

 


Earn: How to Make The Most of Your Income Today and Save Enough for Tomorrow

Posted by Rebecca Harbrow on Friday 5th January 2024

How to make the most of your income today and save enough for tomorrow

Create your budget in four steps

Setting up a budget won’t take long, and if you stick to it then you could boost your savings at the same time. Your budget should chart your income, outgoings and financial goals and give you a spending plan to follow.

A budget can put you in control of your money because you’ll know exactly where each pound is being spent (or saved). And any savings you make in a month or money you bring in in addition to your regular income can be in...


Save & Invest - Set your Savings Goals

Posted by Rebecca Harbrow on Thursday 14th December 2023

 

Investing can lead to greater growth potential. The longer your money stays invested, the more it benefits from compound growth—earning on your earnings—which significantly boosts your final investment value.

 

 

The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.
 
Approved by The Openwork Partnership on 30/11/2023


Mike & Michelle's story: How income protection helped after a mountain bike crash

Posted by Rebecca Harbrow on Friday 1st December 2023

Little things can make a massive difference. Like the mountain bike accident that turned Mike’s life upside down.

 

Thanks to his protection insurance policy, Mike and his family are financially secure.  

 

 

 

 

Video approved by The Openwork Partnership on 20/07/2023

Expiry date: 18/07/2024


Making Sense of Dividends

Posted by Rebecca Harbrow on Wednesday 29th November 2023

Companies that are doing well pay out extra money, called dividends, to shareholders. However, the amount can be taxed depending on how much money you earn

In order for a company to grow, it can sell little pieces of itself, through what are known as shares. Many well-known businesses such as Microsoft, Amazon and Shell are listed on stock markets, which means people can buy shares in these firms. If you invest in a company that makes a profit, it could pay you a chunk of this profit.

There are two ways you can earn money from shares. The ...


The 2023 Autumn Statement: Winners and Losers

Posted by Rebecca Harbrow on Wednesday 22nd November 2023

UK Chancellor Jeremy Hunt’s 2023 Autumn Statement outlined, in his words, “eight months of hard work” and no fewer than 110 measures to help grow the British economy. Contained within are a raft of measures set to overhaul everything from minimum wage and benefit payments to tax, business investment, and more. 

The Winners

Young and low-paid staff

Although the news was released ahead of the main statement, the announcement confirmed a large-scale increase to the national living wage, bringing the hourly rate from £10.42 to £11.44 (an impr...


What are the rules of intestacy?

Posted by Rebecca Harbrow on Wednesday 15th November 2023

 

 

 

 

 


Regular investing

Posted by Rebecca Harbrow on Friday 10th November 2023

5 ways saving little and often could help you grow your wealth

When it comes to investing your money, making small regular investments can provide more benefits than investing a lump sum.

Through regular investing, you can invest a small amount into the markets every month. Investing little and often is a great habit to develop and instil in younger family members. Instead of saving up a chunk of money to invest in one lump sum, investing this way can make a significant difference to your overall levels of wealth over the longer term.

One...


Is now a good time to remortgage as the Bank of England base rate stays the same?

Posted by Rebecca Harbrow on Wednesday 8th November 2023

Whilst the Bank of England base rate remains the same, interest rates are still the highest they have been in 15 years. So if you are one of the thousands coming to the end of your fixed rate deal over the next few months it’s very likely you’ll see your payments increase as a result of higher mortgage rates but it’s a common misunderstanding that the Bank of England base rate is directly linked to the mortgage rates on offer. There are many factors that determine mortgage rate pricing.

Lots of factors determine mortgage pricing – not just ...


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