Income Tax, Tax Mitigation
4 min Read 06 Apr 2020
The personal savings allowance for a basic rate taxpayer is currently set at £1,000. This means you can earn up...
Tax Mitigation, Investing, Capital Gains Tax, Tips, Saving For Your Future, Tax
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
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, Tips, Tax
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
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...
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- Damien Fahy, Founder