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.
Business rates are becoming one of the biggest overheads for small businesses that have premises valued at over £12,000. With recent valuation surges proving devastating for some, are there practical solutions for business owners who want to minimise their bill?
For growing numbers of people, the 9-to-5 job is giving way to five to nine mini-jobs at once. With technology allowing for multiple income streams, it’s vital for ‘gig-workers’ to take better control of their personal tax and financial planning.
From 1 April it is compulsory for businesses to file their VAT online, as part of the government’s campaign Making Tax Digital. However, with 1.2 million UK companies expected to be affected by the new format, there are serious questions about whether organisations across the country are efficiently prepared.
The game has changed for many buy-to-let landlords. The change to buy-to-let tax relief has been phased in, which could translate into a big loss of profits for many with rental properties. What can you do about it?
Behind every great entrepreneur is an equally clever accountant. But it’s not just business owners who need them now. With more and more people making money from multiple sources and potentially paying too much tax, isn’t it about time you found a hot-shot accountant of your own?
Do you open bank statements with a sense of dread? Or can you often guess the balance to within a few pounds? If you’re thinking about taking financial advice, then prepare to know your spending habits like the back of your hand. Here’s how. What’s the most common problem to arise in a first meeting
Did you know that we lose most of our savings through our heads? That’s right – because we don’t think about how much unnecessary tax we’re paying. Here are some ways to make sure your money is wrapped up tight, to keep out those (over) draughts. Article by Nick Green.
Britain’s children are losing out when it comes to tax-efficient saving. As part of TaxAction 2016 in partnership with Prudential, we explore the opportunities that are being missed, and reveal the single biggest advantage that children have over adults when it comes to long-term saving. At what age should children start saving? In their teens?
What would you prefer to leave your loved ones: a generous legacy or a gigantic bill? Chartered Financial Planner Michael Roberts returns with another of his highly popular guides to personal taxation – this time explaining the complex world of inheritance tax. It might not feel this way, but in recent decades people have been
Financial markets are reeling from the news: the UK has voted to leave the EU. But after the dust and smoke has cleared, what will this momentous decision mean in the long term for your finances? We assess the situation. So it is settled – at least, the voting part is. The majority have spoken,
Ever worked out the cash cost of simple laziness? You could be frittering away a sizeable chunk of your income every year just by not taking a few simple steps. Here are some of the best reasons why you should wake up and smell the money. Off the top of your head, how much interest does your savings
As part of our TaxAction 2016 campaign in partnership with Prudential, we bring you the ten top ideas for reducing your tax bill, as supplied by financial advisers listed at Unbiased. You don’t need a hedge fund to make your money grow fast – you just need to trim back the amount you waste every day