The Autumn Budget is set for 30 October, with Chancellor Rachel Reeves preparing for tough decisions and potential tax hikes to address a funding gap of £40 billion. Labour vows not to raise income tax, but areas like pensions and inheritance tax could be targeted. Tax-saving tips include topping up ISAs, considering ‘Bed and ISA’ transfers, utilizing gifting allowances, making potentially-exempt transfers, increasing pension contributions, avoiding panic-driven pension decisions, and timing capital gains realizations wisely.
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2 Artificial Intelligence (AI) Stocks to Buy and Hold for the Next 20 Years
Artificial intelligence (AI) is transforming various industries, with IDC predicting that it will add nearly $20 trillion to the global economy in the next five years. By 2045, strategic investments in AI-related stocks could yield significant returns for investors. The article highlights two specific stocks that have the potential to generate substantial profits over the next two decades. Full Article
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