Taxaction 2016 news

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

Everyone now has a personal savings allowance, which grants basic rate taxpayers £1,000 of savings interest tax-free. Some have suggested that this means the death of the cash ISA for ordinary savers. But there are plenty of other reasons why it’s still a good idea to hang on to yours. In 2015 UK taxpayers may have paid up

Just in time for our TaxAction 2016 campaign, Ayesha Ping from NW Brown is here to remind us of the extra tax breaks available for those with children in childcare. Tax-free vouchers help to ensure that it’s the babies who are bouncing – not your cheques! The UK is bucking the trend in most of Europe

You could try funnelling your income through a labyrinth of offshore companies… or you could just open ISAs, pay a little bit more into your pension and take a few other simple measures. Believe it or not, reducing your tax bill can be dead easy, and it doesn’t have to risk the wrath of HMRC.

As our TaxAction 2016 campaign gathers pace, we drop in on a typical affluent household somewhere in England… and catch them in the middle of some very odd behaviour. Sally calls from the kitchen. ‘BRYCE! The bin bag needs changing!’ Bryce, in the study upstairs, is losing a fight with a self-assembly filing cabinet. ‘Maybe

This year the UK public is set to waste around £4.6 billion in unnecessary tax. A similar figure was frittered away last year. Why is this happening, and is there anything we can do reduce this waste? The unbiased.co.uk and Prudential campaign TaxAction 2016 launches today, in a bid to do just that. If asked