Tax

39 simple ways to pay less tax

Nobody wants to pay more tax than they need to but the problem is that the tax system is incredibly complicated. In this guide we tell you 39 ways in which you can slash your tax bill covering everything from income tax, National Insurance, Capital gains tax, inheritance tax, Council…

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Check you are paying the right amount of income tax – 2 minutes

What you need to do Go to our income tax calculator Make sure the ‘tax year’ is set to the current one and the right age band is selected. Don’t worry about the ‘tax code’ field or the email field but fill/tick the others if relevant. Then enter your annual…

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New tax year changes for 2020 – how will they affect me?

As of the 6th April 2020 we move into the new 2020/21 tax year. Every year we see changes to thresholds and rates and this…

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Do you need to worry about inheritance tax?

What you need to do Calculate your potential inheritance tax bill (TIME REQUIRED – 1 MINUTE) Open our FREE inheritance tax calculator Enter the current…

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The 10 best ways to avoid inheritance tax

10 ways to avoid inheritance tax When you die you may want your estate to pass on to your children but having to pay inheritance…

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Do I have to pay inheritance tax on my parents’ house?  

Inheritance tax (IHT) is one of the most controversial taxes. People often question why the taxman takes money from the hard-earned funds in someone’s estate…

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How to quickly and easily calculate inheritance tax

What is inheritance tax and how does it work? In the UK there has been some form of inheritance tax (formerly known as death duty…

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What happens to my ISA when I die?

In this article we look at what happens to your ISA when you die. We explain what happens if you have a surviving spouse as…

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Inheritance tax explained

Inheritance tax explained Inheritance tax (IHT) is paid if a deceased person’s total estate and certain gifts are worth more than £325,000 when they die….

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What is the personal savings allowance (and how you can boost it by £5,000)

The personal savings allowance for a basic rate taxpayer is currently set at £1,000. This means you can earn up to £1,000 per year in…

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