7 min Read
23 Apr 2010
26 min Read
11 Jun 2021
Nobody wants to pay more tax than they need to, but the problem is that the tax system is incredibly...
Tax Mitigation
Income Tax, Tax Mitigation
What is the personal savings allowance (and how you can boost it by £5,000)
4 min Read
24 May 2021
The personal savings allowance for a basic rate taxpayer is currently set at £1,000. This means you can earn up...
Pensions, Income Tax, News, Tax Mitigation, Account & Rates, Investing, Inheritance Tax, Capital Gains Tax, Saving For Your Future, Tax
End of tax year ‘To-Do’ checklist
7 min Read
21 Mar 2021
The end of the financial tax year is fast approaching (5th April) and time is almost up to complete those...
Tax Mitigation, Investing, Capital Gains Tax, Tips, Saving For Your Future, Tax
Money tip #55 - Use your annual CGT allowance
5 min Read
20 Apr 2010
According to research from Fidelity 91% of Britons admit they do not understand Capital Gains Tax (CGT) and only 6% could identify the correct annual ‘tax-free’ allowance. Given the few tax concessions on offer it’s important that people consider using their CGT allowance. It could save you up to £5,100...
9 min Read
08 Apr 2010
Pensions offer a tax efficient way to invest for your retirement. Not only do the funds within a pension grow free of any income or capital gains tax but any contributions you make into the plan receive income tax relief at your highest marginal rate.
Tax Mitigation, Interest Rate Forecasts, Tips, Saving For Your Future, Tax
Money tip #30 – One way to protect your savings from inflation, both tax and risk free
4 min Read
06 Apr 2010
Inflation is the enemy of savers and anyone on a fixed income. In today’s low interest world where the general consensus is that inflation could soon gate crash and spoil the party...
2 min Read
22 Mar 2010
Updated 8th August 2014. You need to be covered by a valid TV Licence if you watch or record TV as it's being broadcast. This includes the use of devices such as a computer, laptop, mobile phone or DVD/video recorder. However, in certain circumstances it is possible to reduce the...
Tax Mitigation, Investing, Tips, Saving For Your Future, Tax
Money tip #26 - Never make an investment just for tax reasons
3 min Read
18 Mar 2010
One of the golden rules when investing is never make an investment for tax reasons alone.
Tax Mitigation, Tips, Tax
Money tip #23 - If you continue to work after the state retirement age make sure you stop paying National Insurance
3 min Read
15 Mar 2010
What are National Insurance contributions You pay National Insurance contributions (NICs) throughout your working life, from age 16, in order to build up your entitlement to the State Pension and to certain social security benefits. The type and level of NICs you pay depends on your earnings and whether you're...
Account & Rates, Tax Mitigation, Investing, Tips, Saving For Your Future, Tax
Money tip #22 – Use your annual ISA allowance
4 min Read
08 Mar 2010
With the tax year end fast approaching (5th April) time is running out to use your annual ISA allowance When it comes to tax concessions they are few and far between these days. So it is important that if you plan on saving or investing that you look to utilise...
Tax Mitigation, Tips, Mortgages, Using Credit, Tax, Owning A Home
Money tip #15 - Save income tax on your mortgage interest payments
1 min Read
02 Mar 2010
If you are a mortgage borrower with savings you may want to consider taking out an offset mortgage.
4 min Read
01 Mar 2010
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- Damien Fahy, Founder
- Damien Fahy, Founder