Blog News

19 Feb 2024
Gender Pension Gap

Gender Pension Gap

The gender pension gap is an issue that extends beyond just the disparity in earnings between men and women. It also encompasses other aspects such as financial confidence, engagement with financial products and socio-economic factors. According to new research, women are 33% more likely than men to say they do not understand how their pension…

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1 Feb 2024
Meet the Financial Planning Team

Meet the Financial Planning Team

We arranged for a photographer to attend our Dundee office in December to take a team photograph as we wanted to help clients see the support that is available to them across our team.  Not everyone was available to attend for the photograph due to remote working or holidays however we managed to capture most. …

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30 Jan 2024
Succession planning, a family affair

Succession planning, a family affair

Transferring wealth within a family is a delicate process that requires clear communication and effective planning. Otherwise, it could lead to a potentially large tax bill and bad feelings in the family. This narrative was depicted in the hit American HBO series ‘Succession,’ which centred on the Roy family, the owners of global media and…

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16 Jan 2024
Tax-saving measures

Tax-saving measures

Have you recently evaluated your personal tax situation? Is your tax structure optimised for efficiency? As we approach the end of the tax year on 5 April 2024, it presents an ideal opportunity to assess and leverage the various allowances and reliefs available to enhance your tax profile. Allocating time for this review can provide…

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8 Jan 2024
Tax Tip Planning

Tax Tip Planning

The final article in our series of Tax Planning Tips 2023/24. To see how we can help, please click here to get in touch.    Feed employees with free or subsidised food in a staff canteen. Where the food is available to all employees, or all who work at a particular site, there is no…

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20 Dec 2023
Taking the first step

Taking the first step

Embarking on the journey of investing can seem intimidating initially, but with a long-term perspective, it can significantly accelerate the achievement of your financial goals. It’s normal to feel a mix of excitement and apprehension as a first-time investor. There’s a lot to navigate – stocks, bonds, mutual funds, market trends and a sea of…

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20 Dec 2023
The Scottish Budget 2023

The Scottish Budget 2023

The Deputy First Minister and Cabinet Secretary for Finance, Shona Robertson, faced some difficult decisions in drawing up her first Budget.  Inflation had taken its toll on spending, to which had been added new commitments such as a promised council tax freeze in 2024/25. The situation was exacerbated by the UK government’s decisions in the…

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18 Dec 2023
Merry Christmas

Merry Christmas

From all of us here at Thorntons Wealth, we would like to wish you a Merry Christmas and Happy New Year. We wish you and your loved ones a very safe & happy festive period. Thank you for your continued support over the past year, and we look forward to working with you in 2024.

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13 Dec 2023
Tax Tip Planning

Tax Tip Planning

The penultimate article in our series of Tax Planning Tips 2023/24. To see how we can help, please click here to get in touch.    Choose the most tax-advantageous structure for your new business. When starting a new business venture, it can be difficult to predict the level of income it will generate. If losses…

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8 Dec 2023
Aspiring towards retirement

Aspiring towards retirement

Retirement is often envisioned as a time to unwind and indulge in our passions after years of hard work. However, recent research indicates that many individuals feel apprehensive about retiring due to financial and emotional concerns[1]. The rise of ‘retirement anxiety’  The escalating cost of living is putting a strain on income and savings, leading…

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