One of the great reasons for paying into a pension is the tax benefits. You get tax relief at your marginal rate, which is 20% for basic rate taxpayers, 40% for higher rate taxpayers and 45% for additional taxpayers. It […]
The deadline for filing your self assessment tax return digitally is coming up tomorrow. While chiefly intended for those who are self employed, you’ll also need to file one if you’re a landlord making more than £2,500 a year, if […]
One perennial question for freelancers is whether to stay self employed as a sole trader or move to a limited company. For me personally, it’s an issue of liability. Because I write for US clients, it’s impossible for me to […]
This week, the government announced two new taxes that will come into effect from next April to raise – they hope – £36 billion for the NHS and to cover social care costs. Although the rise in National Insurance has […]
This week, the Chancellor Rishi Sunak unveiled his much anticipated budget, outlining government spending and tax policies for the coming year. You can read the whole thing online here – though fair warning, it is 110 pages long. Or perhaps […]
Bad news: as well as the energy price cap increase that I wrote about last week, a few more bills will be going up for many of us at the end of March. TV licence fee is going up First […]
This content is copyright protected.
