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
Now you can settle tax disputes with HMRC in one day
Taxpayers that are in dispute with HMRC can now settle their case within a couple of hours through a new fast-track service, called an alternative…
Can we backdate our main residence nomination to avoid tax on a 2nd property sale?
Reader Question My husband and I are thinking about putting our property on the market. Unfortunately we did not know that we needed to declare…
How new reduction in CGT relief will affect second home owners
In the recent Autumn Statement the Chancellor announced changes to the CGT allowance on a second home which may affect many property owners and landlords…
How to check if you’ve overpaid tax in 60 seconds
If you think that you may have paid too much income tax and could be due a refund then HMRC have a handy tax checker…
39 simple ways to pay less tax
If you find this article useful then pretty much everyone you know will do as well. To show your appreciation for the hours of work…
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…
How can I avoid paying tax on my £70,000 of SAYE shares?
FREE guide on how to minimise your tax bill* Reader Question: Hi, I’ve very little knowledge on stocks/shares but I’ve been looking up on the…
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 Child benefit is now withdrawn…