Fees and hidden costs for using credit and debit cards abroad are increasing. Make sure you don’t return home to some blistering bills
How many times have you considered seeking financial advice to help sort your finances, and then simply forgotten about it?
In our latest ‘Diary of an adviser‘ blog, Minesh Patel talks about his clients’ ‘end of tax year panic’ and the benefits of long term investing. You can view Minesh’s unbiased.co.uk profile here. The end of the tax year brings the usual panic with some clients leaving pension and ISA contributions to the last minute. My clients are
On April 1, the government’s proposal to cut a portion of legal aid funding came into force. In the latest push to minimise spending, ministers want to reduce the £2.2 billion legal aid bill by £350 million.
Last weekend’s reorganisation of financial regulators has meant the once all-encompassing Financial Services Authority (FSA), has been replaced with three bodies; the Financial Conduct Authority (FCA), the Financial Policy Committee (FPC) and the Prudential Regulation Authority (PRA). If you’re out looking for a financial adviser, the creation of the FCA is probably the most important development.
Last week was an important one for the financial world. George Osborne’s budget announcement received a generally positive reception from the press, but we wanted to know what you thought of it. In the unbiased.co.uk online poll, our results found the tax allowance increase to £10,000 in 2014, a scrapping of the proposed 3p fuel duty
Try as they might, John and his wife Cathy cannot spend all of their pension income. John and Cathy clearly do not live an extravagant life and, apart from a couple of horses and a penchant for the occasional classic car…
TaxCalc’s last Tax Action tips blog features tips for business owners trading losses… If you are self-employed or in a partnership that has made losses be sure to utilise them effectively. You have a few options: Trading losses made in the current tax year can be offset against other taxable income (such as employment earnings or
More Tax Action tips from TaxCalc! This time it’s reviewing your payments on account… If you are currently making payments on account under the self-assessment scheme the default position is that they are based on the previous year’s tax bill. If your taxable income is increasing year on year then there is no need to review them
Minesh Patel talks tax planning tools for clients in his guest ‘Diary of an adviser‘ blog, supporting unbiased.co.uk’s Tax Action campaign sponsored by TaxCalc. You can view Minesh’s unbiased.co.uk profile here. Many of my clients get very excited by investments that save them large amounts of tax such as Venture Capital Trusts. VCTs, with the 30%
More Tax Action tips from TaxCalc! This time it’s business mileage… Another common area where taxpayers fail to claim relief, is on use of a private vehicle for business purposes. HMRC publish approved mileage rates currently 45p per mile for the first 10,000 miles and 25p per mile over the 10,000 miles. If your employer does not
Tax Action 2013 sponsors TaxCalc explain in their Tax Action tips blog why it can pay to include your charitable donations in your tax returns… When it comes to making donations to charity via the gift aid scheme, the charity you donate to will receive an additional payment of basic rate tax from HMRC. So if you donate £100