One of the most common questions I get asked by people nearing retirement or those who are of pension ages is…”How does my National Insurance and Tax work now that I’ve reached pension age?” So […]
We’ve all been there. You’re about to complete a HMRC document, get on a roll and then half way through they use a complicated word which is either ambiguous or just has absolutely no meanting […]
Many first time self-employed people aren’t sure of how they pay tax now they’ve taken that leap of faith! For years you’ll have been used to paying tax simply through your PAYE payslip at the end […]
Although this phrase may have eluded many of us, it’s worth knowing about ‘tax refunds’ since they are quite simply money in your pocket due to you overpaying tax. One very key piece of information […]
There are many different tax issues that pop up in everyday life so today I thought I’d list the top places to visit for common tax issues so you always have a quick reference of where to […]
So today I wanted to write a quick blog that just outlines all the different aspects of Inheritance Tax since I know it is a big area many people are unsure of. What is Inheritance […]
So this is one of those terms you may hear a lot but not know what it actually entails. Well to put it simply, ‘Benefits in Kind’ are ‘perks’ of your job with things such as […]
Tax Reliefs are quite simply government-set schemes which allow you to pay less tax on specific income or gain tax back for specific expenditure. There are four main types of tax relief which apply to everyone, there […]
There are 4 key types of income tax allowances that apply to all citizens in the UK which allow you to offset paying tax on your income with simple allowances. Most people may know about the ‘personal […]
If we’re being totally honest…we’d all love to pay a little less tax, right? Well in regards to income tax there are a few items which have tax-free allowances so they are worth knowing to ensure […]
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