27/10/2026
One phrase you will hear a lot this week is "fiscal drag"🤔
When tax thresholds remain frozen while earnings or retirement income rise, more of someone's income can become taxable, or fall into a higher band, even without a change in headline tax rates.
It's one reason why reviewing your financial plans regularly can be worthwhile. But it isn't a reason to make hurried decisions based on speculation about tomorrow's announcements.
Sound financial planning isn't about trying to guess what the government will do next, it’s about building a robust plan that protects your family whatever happens.
Have questions about how potential allowance freezes might affect your retirement plans? Drop them in the comments below or get in touch with our team.
https://amberwealth.co.uk/contactAmberFinancialPlanning.php