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 Mitigation
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…
Reader Q: If I give my kids £90k will they be hit with an Inheritance tax bill if I die?
Reader Question: How can I give money to my children without paying inheritance tax (IHT) Can I give cash to my family before I die…
Life insurance and Inheritance Tax
Life insurance and Inheritance Tax When assessing the potential inheritance tax liability on your death it makes sense to consider life insurance as a method…
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…
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…
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…
