Seven tax-saving tips, seven days before the Autumn Budget

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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