Following on from yesterday’s post the latest ‘3 quick links’ continues the BP theme. In light of the subsequent self-interest that a lot of investors now have in the plight of BP, today’s post highlights the current problems facing the company, its future outlook and what you should do about...
The '10 second' tricks to slash train travel costs Get a railcard There's an array of railcards available including those aimed at young people, the over 60s, families etc that...
A change to the Finance Act buried deep in the pages of the March budget means that the self-employed can now "completely offset the purchase price of a new scooter or motorbike against their income for tax purposes", says Miles Brignall in The Guardian.
Following my posts Money tip #67 – Make pension contributions on behalf of your spouse and children and get tax relief even though they don’t pay tax! and Money tip#68 – How you could be entitled to take your entire pension fund as a one-off cash lump sum they lead on to...
(Article updated 6th December 2011) Under current UK pensions legislation your pension fund ultimately has to provide you with a retirement income. Alternatively, it is possible to take a small slice of your fund as a tax-free lump sum (usually 25%) while the balance is used to purchase an income....
Update 22nd July 2013 This particular idea has been raised before on this blog but I felt it deserved to be a tip in its own right, so that I could add some meat to it.
I orginally wrote this article when there when people were worried about the likelihood of a capital gains tax (CGT) hike in the emergency budget. However, this is still as relevant now as it was then as people are always looking for ways of realising gains without paying tax. There are a number of...
As you change jobs throughout your working life it is easy to lose track of a pension contract, particularly if you changed jobs regularly. If you also take into account the number of address changes most people have it’s no wonder that there are millions of pounds worth of unclaimed...
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