If you want to save small, regular amounts, one thing you may want to look at is an Individual Savings Account (ISA). It’s most likely available from your local bank. Most banks, building societies and a variety of other providers provide them. Even though the interest rates are still low, these are still a popular ‘tax-free’ saving option.
ISA Investments
If you’ve […]
The company car remains an important part of the remuneration package for many employees ? and an essential business tool for many employers.
But is a company car the best way to go? […]
Retirement is a time that most people look forward to, and with a solid financial plan in place for retirement planning, you can too.
While many individuals have looked to parallel investments for retirement in the current climate – such as gold, second homes or buy-to-let – it is important to take advantage of tax reliefs and (tax-deductible) employer contributions to […]
While there are numerous ways of extracting profit from your company, each option has its own implications in terms of the amount of tax you pay, as well as for the company itself. Here are some key planning strategies for extracting profit and saving tax.
Note that corporation tax is the tax due on a company’s profits, while personal income tax […]
Anyone whose income exceeds ?100,000 is already paying tax at 40%.
This high rate begins when taxable income exceeds ?32,010 ? but your personal allowances are also clawed back for every ?2 by which your adjusted net income exceeds ?100,000. […]