If you’re a higher-rate taxpayer with a workplace or personal pension, then submitting a tax-return (and doing it properly) is a must. Otherwise you’ll miss out on valuable benefits, and might also face hefty tax penalties.
An estimated 750,000 people missed last year's self-assessment deadline for submitting their tax return. Were you one of them? What was your excuse? And how can you make sure that you aren't late this time?
The Pension Schemes Bill now moving through Parliament will enable the creation of a new breed of pension scheme. ‘Collective Defined Contribution’ schemes may offer members and employers a better balance between security and affordability.
For some 2020 vision on your money over the next 10 years, your best bet is an independent financial adviser. Look ahead to a brighter future with some help from Unbiased’s finest and wisest.
Financial advice can leave non-affluent savers around £50,000 richer over 10 years, according to a report by the ILC. There is also new evidence that financial advice offers especially good value for the less well-off.
You can normally pay up to £40,000 into a pension each year and receive tax relief on it – this is your annual allowance. But you need to beware of not one but two big risks to your allowance, which could cost you a lot in tax.
Could your child be due a New Year bonus of nearly two thousand pounds? If you’re one of the 1.8 million who have forgotten you ever had a Child Trust Fund, then make it your 2020 goal to track it down.
As Ebenezer Scrooge once observed, the festive season can be expensive. Enjoy good cheer all year round with our wisdom from Christmases Past, Present and Yet to Come.
Changes to the women’s state pension age (SPA) are triggering protests and petitions – but if you’re among those left in a precarious position, what can you do about it? Here we take a look at the problem and search for an answer. A lot of women are angry – and with good reason.
One in two freelancers are now actively paying into a pension scheme, a new study has found. But despite this greater uptake, over two million self-employed people face serious questions over how they will fund their retirement.