The State Pension remains a foundation of retirement income for millions across the UK. Although private pensions and other investments often play a significant part in retirement plans, the State Pension provides a consistent baseline of support. Many people seek clear guidance on what to expect from the State Pension, especially when government policies evolve. Changes set for the 2025/26 tax year have prompted questions about how much pensioners will receive, how the system affects those who are planning to retire soon, and what individuals can do to stay informed. This guide addresses these questions and offers an overview of the updated State Pension system.
At Dunkley’s, we take great pride in watching our team grow and succeed as they advance in their careers. This month, we’re excited to shine a spotlight on Luke, one of our dedicated Client Managers, and share his journey since joining us six years ago.
On 26 March 2025, Chancellor Rachel Reeves delivered her Spring Statement in the House of Commons. While there were no major tax policy changes announced, the speech provided important clarifications on future tax compliance measures, spending priorities, and economic forecasts. Here’s what you need to know.
Here at Dunkley’s, we love celebrating the success stories of our team – those who have worked hard, grown within the business, and made a real impact. Today, we’re shining a spotlight on Emily’s journey, from starting out as an apprentice to stepping into a leadership role.
Inheritance tax (IHT) in the United Kingdom applies to the transfer of wealth after death. It can affect property, savings, investments, and other assets. Although it applies to a smaller portion of estates, those crossing certain value limits may face a 40% tax charge on amounts above available allowances. Thresholds have been frozen for several years, so rising asset prices can bring more families into scope.
Small and medium-sized enterprises (SMEs) are the backbone of the economy, comprising 99.9% of all businesses and employing a significant portion of the workforce. To support the growth and sustainability of these enterprises, the government offers a variety of grants tailored to diverse business needs. Understanding and accessing these grants can provide vital financial support, enabling SMEs to innovate, expand, and thrive.