Can I reduce my income and tax bill by paying into a pension?
This article was inspired by a question posed and answered in the Money to the Masses facebook community group. Join the thousands of group members…
Income Tax
New tax break for married couples unveiled
David Cameron has unveiled a new tax break for married couples which could save them up to £200 a year. At present it is not…
Child Benefit tax trap – parents have until 5th October to avoid it
Child Benefit used to be a universal benefit available to all parents however, as of 7th January 2013 it became means-tested. Child benefit is now withdrawn…
Claim back income tax on a deceased spouse’s estate – Money tip #224
If your spouse or civil partner has died you may be able to claim back Income Tax on their behalf. Unfortunately, many people don’t realise…
Reader Q: Can I pay a pension contribution now to reduce last year’s tax bill?
Reader Question: I have a hefty tax bill to pay for 2011/2012 tax year due to a taxable event gain. However if I pay a…