Are you making the most of tax-free and tax-efficient ways of saving in the UK?
As more people are having to pay tax on their investment income, here we remind you of some tax-free and tax efficient savings options that may be available to you.
As more people are having to pay tax on their investment income, here we remind you of some tax-free and tax efficient savings options that may be available to you.
The marriage allowance (also known as the transferable tax allowance for married couples and civil partners) allows you to give up some of your personal allowance to provide a tax credit for your spouse or civil partner. This can reduce the amount of tax that they pay. The timing of your claim can ...
If you are a subcontractor paid under the construction industry scheme (CIS) and need your pay and tax information to complete your tax return, here we tell you how to find the information - and what to do if you can’t locate it.
Employers do not have to pay employees for their business travel. However, some employers may reimburse you partly or fully for business mileage in either a company car or your own car. We explain how these different employer payments are treated for tax. If your employer does not reimburse your ...
If you are hiring a carer or personal assistant, whether funded through government money, or privately, you can use our new flowchart to help you work out what, if anything, you need to do about tax. For example, if you are hiring someone and the nature of the arrangement is an ‘employment’ ...
If you are struggling financially, you may be tempted to withdraw money from your pension to help you out. This may not always be a good idea. There is a minimum age to take money from a UK registered pension (usually 55). If you take money out sooner, you are likely to face large tax charges. The ...