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…
Tax
New tax year changes for 2019 – how will they affect me?
On the 6th April 2019 we moved into the new 2019/2020 tax year. Every year we see changes to thresholds and rates and this tax…
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…
Inheritance tax (IHT) taper relief on gifts explained
This is a popular question and often causes confusion. So I thought I’d lay out a brief explanation of how inheritance tax (IHT) taper relief…
End of tax year ‘To-Do’ checklist
The end of the financial tax year is fast approaching (5th April) and time is almost up to complete those tax year sensitive tasks. The end…
What to do if you are struggling to pay your council tax
According to data published in 2017 by the Ministry of housing, communities and local government (MHCLG), council tax arrears totalled 2.8 billion. With rates set…
Farewill Review – The smartest way to do a will?
In this independent Farewill review I look at the services they offer, how much Farewill costs, its pros and cons and how it compares to…
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…
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…