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Transact Technical Centre

Welcome to Transact’s Technical Centre. The content below has been created by our technical team to support your financial planning needs.
The Budget 2025
After much anticipation and rumour, the Chancellor finally delivered her Budget on 26 November although not before details had already been seen as the OBR had...
Onshore bond internal rates of tax
Earlier this month, budget rumours were circulating around a possible increase to the basic rate of tax by 2% with a corresponding reduction to employee...
Individual Savings Account changes confirmed
After months of uncertainty surrounding Cash and Lifetime ISAs, and lots of speculation about what the government’s proposed ‘ISA reforms’ would be like, the Budget...
ISAs in transition: Upcoming changes to permissible investments & potential cash changes
With the budget fast approaching, speculation persists about possible ISA changes that might be announced. Earlier in the year it was announced that, from 6...
Capital Gains Tax – impact of recent changes and possible reforms
The significant reductions to the annual exempt amount in recent years mean that an ever-increasing number of individuals are now liable to capital gains tax...
Investment bonds and pensions – a longstanding relationship
Whilst paying tax is an inevitable consequence of a well-managed investment strategy, the ability to reduce any tax liability at the same time as boosting...
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