Blog
Tax-free savings income in 2024/25
Read this article to find out how to enjoy savings income tax-free in 2024/25.
Reform of the High-Income Child Benefit Charge
From 6 April 2024, the High-Income Child Benefit Charge trigger is increased from £50,000 to £60,000. The clawback rate is reduced from the same date. Read this article to find out about these changes and the move to household income from April 2026.
Make the most of your ISA allowance
Read this article to find out how to make the most of your ISA allowance to earn tax-free savings income and also to learn about the new UK ISA.
Understanding your tax code
Tax codes are fundamental to the operation of PAYE and the right amount of tax will only be deducted from your pay if your tax code is correct. Read this article to find out what your tax code means so you can check that it is correct.
Making use of your inheritance tax allowances
There are various allowances and exemptions for IHT which allow you to make lifetime gifts without them counting as part of your estate for IHT purposes. Read this article to find out how you can take advantage of these.
Check your National Insurance record
A full state pension is only payable if a person has at least 35 qualifying years. Read this article to find out whether it is worth paying voluntary National Insurance contributions to boost your state pension.
Marriage allowance – A possible tax break for married couples or civil partnerships
Read this article to find out whether you can claim the tax break for married couple or civil partnerships.
Beware of gift aid clawback
Read this article to find out about the gift aid trap for non-taxpayers #giftaid
Making pension contributions before 6 April 2024
The ability to make tax-relieved pension contributions is limited by both your earnings and your available annual allowances. Read this article to help you assess whether it would be possible to make further tax-relieved contributions before the end of the 2023/24 tax year.
What happens when your salary goes over £100k?
What happens when your salary goes over £100k?
High Income Child Benefit Charge – not just for higher rate taxpayers
The HICBC claims back payments of child benefits where the recipient or their partner has income of at least £50,000 per year. Learn here who is affected and the most effective way to deal with the charge. #childbenefit #taxtips
Transferring assets between spouses
Read this article to find out how to transfer assets between spouses for CGT purposes at neither a gain nor a loss #nogainnoloss
Tax-free savings income
Read this article to find out how you can maximise your tax-free savings income #savingsallowance #savingsrate #taxfreesavings #isa
How to claim tax relief for employment expenses
Employees that incur expenses to carry out their jobs are able to claim tax relief subject to certain conditions. In this article, you can learn what reliefs are available to employees and how to claim for them.
Income from savings – What is tax-free
You can enjoy more of your savings income tax-free than you might have realised. Read this article to learn what dedicated allowances, tax rates and reliefs may apply to your savings income.
How to get your SA302 for mortgage applications
How to get proof of earnings for mortgage or loan applications.