As 2026 gets underway, you may have come up with a plethora of New Year’s resolutions that you will definitely stick with for the entire 12 months.
If you want to get your finances in order for the new year, you will need to create financial resolutions you can stick with.
Here are our top four financial resolutions for the new year.
Use a cash ISA while you can
If you are under 65, use a cash ISA while you can.
The 2026 tax year will be your last chance to use the full £20,000 investment limit, so make sure you invest now.
You can also start exploring stocks and savings ISAs ahead of the 2027 changes.
Conduct a pension review
This is another resolution that braces for future changes.
2026 is also the last tax year with a great salary sacrifice option.
The £2,000 threshold for tax-free salary sacrifice in 2027 will make building pensions harder.
Consider investing more in your pension this year to prepare for the changes.
Revisit estate planning
The changes to Inheritance Tax (IHT) are looming on the horizon and need to be prepared for now.
The Autumn Budget announced changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) that can be used to lessen your IHT bill.
Any unused £2.5 million allowance for the 100 per cent rate of APR and BPR will be transferable between spouses and civil partners, even if the first death was before 6 April 2026.
For many families, Wills will need to be updated before April 2026 to ensure that the estate is adjusted in accordance with the upcoming changes to IHT, so be sure to act soon.
Seek professional support
As always, your best financial resolution will be to consult our team of experts.
We can help you manage changing financial situations throughout 2026.