Category Archives: Money Matters
How to Legally Shelter Your Income from the Taxman
The tax regime, while never going to please everybody all of the time, is a relatively fair system and contains a myriad of options that everyone can potentially use to reduce their tax bill. Here is a quick summary of … Continue reading
Free financial protection against property fraud
It’s highly likely that your property is the most valuable asset you own, so it’s important to protect it from the growing risk of fraud. By pretending to be you, fraudsters can try to sell or mortgage your property, leaving … Continue reading
Retirement and Pension Options
The summer budget of 2015 has given us more options as what to do with our pension pot than ever before. Here is a summary: 1. Lump sums: You can now take as much as you like from pension in one go, … Continue reading
Mitigating Inheritance Tax (IHT)
With inheritance tax affecting thousands of families every year, you can’t assume your loved ones won’t be affected. For people who die with a certain level of wealth, a 40pc inheritance tax charge is levied against part of their estate. And … Continue reading
What are the changes to buy-to-let tax relief?
At the moment, landlords can claim tax relief on their mortgage interest payments. In other words, they can offset the cost of the mortgage interest from the rental income when they calculate their profits. But this situation won’t last for … Continue reading
Life Cover
Anyone looking to protect their family and wealth should look closely at how they can put in place life assurance to ensure money is paid to beneficiaries on their death. Life assurance costs are normally fairly modest and arranging a … Continue reading
Pension facts
Investing for a pension is an essential part of modern-day financial life. If one wants a comfortable retirement, one needs to start saving early. Pension planning is therefore essential. Here are a few simple facts to help with your planning: … Continue reading