With the rise in interest rates over recent years, savvy savers can now accrue relatively large amounts of interest in their savings pots. From high-interest current accounts to fixed-term savers,...
The deadline for completing your online self-assessment tax return for the 2022/23 tax year is midnight on the 31st of January 2024. Those that fail to submit their 2022/23 online...
An estimated 27 million people are expected to benefit from the recent cut to class 1 National Insurance, saving the average worker earning £35k around £450 per year. In this...
Whether you resell clothes on Vinted or rent out your spare room on AirBnB, HMRC's new side hustle tax rules could impact you. The gig economy is exploding. HR Magazine...
What is marriage tax allowance? Marriage tax allowance is a tax break that enables a married person (or someone in a civil partnership) to claim a proportion of their spouse's...
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 interest on your savings without...
As of the 6th April 2023 we move into the new 2023/24 tax year. Every year we see changes to thresholds and rates and this tax year is no different....
What is a dividend? If a limited company has made a profit it can distribute this profit, or part of it, to its shareholders by paying a dividend. A limited...
Kwasi Kwarteng announced a number of tax cuts in his first budget as Chancellor of the Exchequer, in a bid to drive economic growth against the backdrop of the cost...
Even as lockdown restrictions come to an end, many employees are still being forced to work from home due to self-isolation or concerns for their health and safety. The good...
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