Offsetting Rental Property Losses

Claim Back Tax Deducted From Pension

Week 1 Month 1 Emergency Tax Explained

Published / Last Updated on 19/05/2015

Video looks at how emergency tax on a week 1 month 1 basis is taxed and how it affects you for earned income under PAYE or if you have withdrawn large sums under flexible drawdown with no tax code supplied by HMRC to your pension company yet.

Related Videos

Taxes on Shares and Share Based Investment

Taxes on Shares and Share Based Investment

There are different levels of tax and allowances on working or pensions income, property income and cash savings. There is also a different tax regime for shares and share ...

4m20d

Tax Plan

New Late Tax Return Penalties on Business and Investment Property Income

New Late Tax Return Penalties on Business and Investment Property Income

Already detailed on this website and mentioned many times are the standard late filing and late tax return penalties as follows: Current HMRC Late Self Assessment Tax Return Penalties 1 day ...

5m30d

Tax Plan

Claiming Expenses when Working From Home

Claiming Expenses when Working From Home

When this firm relocated its head office from the north of Birmingham to Cornwall in 2015, we did not make any redundancies and all staff were allowed to work ...

8m30d

Tax Plan

How Long Should I Keep My Tax Records?

How Long Should I Keep My Tax Records?

We are regularly asked the question of how long people should keep their tax and financial records. The answer is not exact and will depend upon your circumstances and whether ...

6m24d

Tax Plan

Tax Free Savings Allowances Revisit With High Interest Rates

Tax Free Savings Allowances Revisit With High Interest Rates

For many years bank and building society interest was taxed at source i.e., basic rate income tax was withheld from your interest before you received it. Therefore, non-tax payers ...

> 1y1m

Tax Plan

Being Tax Efficient With Redundancy Payments

Being Tax Efficient With Redundancy Payments

There are two financial settlement approaches that an employer may take with you if they make you redundant. A. Statutory Minimum Redundancy Payment This is the minimum payment by law that ...

> 1y11m

Tax Plan

Should HMRC Increase Business Mileage Rates in 2022?

Should HMRC Increase Business Mileage Rates in 2022?

If you use you own car, van, motorbike or 'push bike' you can currently claim the following expenses for mileage. This is either by employer refund or if employers ...

> 2y3m

Tax Plan

Online Benefits Entitlement Checker Tool

Online Benefits Entitlement Checker Tool

At the same time as launching the NIC reduction calculator too: Watch BTN_GREEN_VIDEO:1821 The Treasury has also launched a tool for you to check whether and what types of benefit ...

> 2y4m

Tax Plan

Earn More National Insurance Reduction Calculator

Earn More National Insurance Reduction Calculator

As announced by former Chancellor (he resigned today), Rishi Sunak, National Insurance Contribution (NIC rates) will be reduced on 6 July to allow people to keep more money in ...

> 2y4m

Tax Plan

Protect from NIC increases with Salary Sacrifice

Protect from NIC increases with Salary Sacrifice

It is well documented both in the news and the finance industry that the government is introducing a Health ad Social Care levy at 1.25% on 06/04/2022. This increase will ...

> 2y7m

Tax Plan

Self Employed NIC Rates and the Health and Social Care Levy

Self Employed NIC Rates and the Health and Social Care Levy

We explained in video 1 that a new Health and Social Care levy starts on 6 April 2022 with a 1.25% increase to self employed National Insurance Contributions (NIC) ...

> 2y9m

Tax Plan

Income Tax on Dividends and the Health and Social Care Levy

Income Tax on Dividends and the Health and Social Care Levy

Many shareholders and owner/manager/director businesses take a large share of their income via dividends i.e., a share of the net profits. Dividend income is not subject to National Insurance ...

> 2y9m

Tax Plan

NIC Increase 2022 & Health and Social Care Levy 2023

NIC Increase 2022 & Health and Social Care Levy 2023

From the 6 April 2022 a new Health and Social Care Levy of 1.25% of band earnings will be added to National Insurance Contributions (NIC) to pay for improvements ...

> 2y9m

Tax Plan

Employers and Employees NIC Rates and the Health and Social Care Levy

Employers and Employees NIC Rates and the Health and Social Care Levy

We explained in video 1 that a new Health and Social Care levy starts on 6 April 2022 with a 1.25% increase in employers and employees National Insurance Contributions ...

> 2y9m

Tax Plan

Recover £5,000 Extra Tax Bill Because Earned Over £100,000

Recover £5,000 Extra Tax Bill Because Earned Over £100,000

No, the headline that an acquaintance of ours has recently received an additional tax bill of £5,000 for earning over £125,000 in tax year 2020/21 is not a joke. ...

> 2y11m

Tax Plan

Major Self Employed Tax Changes 2022/2023

Major Self Employed Tax Changes 2022/2023

Most self employed people have a trading year that matches the self assessment tax year i.e. 06/04/20XX to 05/04/20XX or indeed to 31st March. You will not be affected ...

> 3y3m

Tax Plan

How To Retire Tax Free with £65k plus Income

How To Retire Tax Free with £65k plus Income

How Can A Retired Couple Have £65,740+ Tax Free Income? We have been meaning to shoot this video for some months now but the March Budget 2021 has escalated the ...

> 3y6m

Tax Plan

Wake Up and Smell the Stealth Taxes

Wake Up and Smell the Stealth Taxes

If you are not already aware, you will be aware by the time you have watched/read this that in the Budget 2021 many taxes allowances are frozen from last ...

> 3y6m

Tax Plan

Introducing Tax Day

Introducing Tax Day

Tax Day is an approach to introducing proposed tax changes with a series of consultation papers issued to ‘test the water’ and get feedback. Tax Day originated in the USA ...

> 3y7m

Tax Plan

Tax Day Tax Adviser Insurance

Tax Day Tax Adviser Insurance

It is a regulatory or a professional body requirement that financial advisers, solicitors and accountants have professional indemnity insurance (PII) to protect both the adviser and the client against ...

> 3y7m

Tax Plan

Tax Day Tax Avoidance Promotions Marketing

Tax Day Tax Avoidance Promotions Marketing

The proposal is to give HMRC more power to tackle promotional material that tries to market tax avoidance schemes to UK investors. HMRC was tasked a number of years ago ...

> 3y7m

Tax Plan

Tax Day Reforming Tax Administration Framework

Tax Day Reforming Tax Administration Framework

Employees pay their taxes immediately through PAYE i.e. “in tax year” and then additional taxes may be paid on other taxes for rental income, dividends and interest earned via ...

> 3y7m

Tax Plan

Tax Day Social Investment Tax Relief Scheme

Tax Day Social Investment Tax Relief Scheme

There are four types of venture capital scheme. SITR (the social investment tax relief scheme) is one these. It is designed to attract investors to socially responsible enterprise by ...

> 3y7m

Tax Plan

Making Tax Digital for Self Employed and Landlords

Making Tax Digital for Self Employed and Landlords

Making Tax Digital is a government initiative to make HMRC and the UK tax reporting and collection system the most advanced in the world. It is estimated that HMRC ...

> 4y1m

Tax Plan

Spring Budget 2020 Life Policy Taxation

Spring Budget 2020 Life Policy Taxation

Budget 2020 - Top Slicing Explained: Will I pay more tax on Life Insurance Investment Bonds? Top Slicing is a term used to determine whether further tax is due for ...

> 4y7m

Tax Plan

What is Value Shifting

What is Value Shifting

If you or your business sold an asset e.g. commercial property to your pension fund for higher than its market value then this would be ‘value shifting’. This is ...

> 4y4m

Tax Plan

HMRC Wrong Tax Code Minus K Codes

HMRC Wrong Tax Code Minus K Codes

The Government has tabled a Bill to make HMRC's Tax Bot calculations legal in court. Currently, for any tax dispute in court, HMRC's tax calculations must be carried out by ...

> 4y11m

Tax Plan

Tax Bill Up 40X Fold As Did Not Update HMRC

Tax Bill Up 40X Fold As Did Not Update HMRC

YOU MUST KEEP HMRC UPDATED WITH YOUR CONTACT DETAILS In one recent case, a person owed just £40 in tax but did not stay in contact resulting in an escalated ...

> 4y11m

Tax Plan

How To Get 60 pc Pension Tax Relief

How To Get 60 pc Pension Tax Relief

Higher earners may secure up to 60% tax relief when paying into a pension plan. Take a look at the example: Dave has income of £125,000 in 2019/20. NO PENSION CONTRIBUTION ...

> 5y4m

Tax Plan

Cash Account Interest Inside Investment Account

Cash Account Interest Inside Investment Account

A cash account inside a general investment account is different to a cash fund in the same account. A cash fund will likely invest in money market instruments and its ...

> 5y7m

Tax Plan

10 Points For New Tax Year 2019

10 Points For New Tax Year 2019

10 Points for New Tax Year 2019/20 Personal Allowance up to £12,500, Higher Rate Tax Threshold up top £50,000 National Insurance Contributions Upper Earnings Limit (UEL) also up to £50,000 Lifetime Allowance ...

> 5y8m

Tax Plan

Unexpected Payrise Bonus Redundancy Tax Bill

Unexpected Payrise Bonus Redundancy Tax Bill

If you get a large payrise, bonus or redundancy package be prepared for an unexpected tax bill. You need to plan before the end of a tax year to ...

> 5y8m

Tax Plan

Pilon Payment In Lieu Of Notice Taxation

Pilon Payment In Lieu Of Notice Taxation

When your contract of employment is terminated but you do not have to work your notice or 'gardening leave', you may get a Pilon - Payment In Lieu Of ...

> 5y9m

Tax Plan

Move From 2 Jobs To 1 Job

Move From 2 Jobs To 1 Job

What happens when you did have two jobs and now have one job? You do not give your P45 from your old employer to your existing 2nd job employer ...

> 5y11m

Tax Plan

What Happens When You Have 2nd Job

What Happens When You Have 2nd Job

When you have a second job, your tax code and therefore your personal allowance will either be allocated entirely to the higher paid job, with no tax allowance for ...

> 5y11m

Tax Plan

Compare Tax Rates Before Investing

Compare Tax Rates Before Investing

We compare income tax rates, capital gains tax rates and dividend tax rates to help you decide perhaps how you should invest money to make best use of tax ...

> 5y11m

Tax Plan

Tax and NIC on redundancy

Tax and NIC on redundancy

Tax and NIC on termination for payments in lieu of notice and also redundancy payments....

> 6y

Tax Plan

Taxable benefit equipment provided by Employer

Taxable benefit equipment provided by Employer

Which types of equipment provided by an employer are a taxable benefit in kind?...

> 6y

Tax Plan

Share Fishermen Tax Account Scheme

Share Fishermen Tax Account Scheme

We take a look at how a Crew member or the Master of a fishing boat gets paid their share of the profits from the catch and how they ...

> 6y

Tax Plan

Electric Car Charging Taxes on Private and Company Cars

Electric Car Charging Taxes on Private and Company Cars

What taxes are payable when you have a private or company electric car depend upon where you charge them and if you have charging points at home....

> 6y3m

Tax Plan

Disguised Remuneration and Pay

Disguised Remuneration and Pay

Disguised remuneration is usually paid as a 'reward' to employees, directors, contractors and sometimes self employed and usually in the form of a loan from separate entity or trust ...

> 6y4m

Tax Plan

Tax and National Insurance Working Two Jobs

Tax and National Insurance Working Two Jobs

What income tax and national insurance is due when you have two jobs? What happens to personal allowance with two jobs? Tax codes with two jobs? Video answers these queries....

> 6y6m

Tax Plan

3 Ways Pensions Reduce Income and Tax for Benefits

3 Ways Pensions Reduce Income and Tax for Benefits

Three not commonly known ways that pensions can save you money, save you tax, get child benefit back and get back your personal tax free allowance as well the ...

> 6y7m

Tax Plan

Bed and ISA Investment

Bed and ISA Investment

If you have not used this year's ISA allowance but you hold equity investment funds or stocks and shares, consider Bed and ISA to put shares or investments inside ...

> 6y7m

Tax Plan

Regular Trading in Shares and Cryptocurrency

Regular Trading in Shares and Cryptocurrency

We explore taxes when you trade both irregularly and regularly in shares, currency and cryptocurrency. E.g. Buying and selling bitcoin. Could HMRC class this as a job and tax you?...

> 6y9m

Tax Plan

Does Dividend Allowance Affect Personal Allowance

Does Dividend Allowance Affect Personal Allowance

Video explains if the Dividend Allowance affects Personal Allowance, particularly when looking a which income tax band the dividend sits and which dividend tax rate should be charged. We also ...

> 7y5m

Tax Plan

Personal Tax Account

Personal Tax Account

Demo of your HMRC personal tax account online offering access to your complete tax, self assessment, national insurance, state pension, tax credit, child credits and marriage allowance records. ...

> 7y10m

Tax Plan

Marriage Allowance How To Apply

Marriage Allowance How To Apply

Marriage allowance is where a low income spouse/civil partner can transfer up to £1,100 of any unused personal allowance to their basic rate tax payer partner. We show you ...

> 7y10m

Tax Plan

Self Assessment Deadline Dates

Self Assessment Deadline Dates

Video explains the latest dates for registration for self assessment as well as latest paper filing date, online filing date and payment date....

> 8y1m

Tax Plan

Pension Scheme Pays Annual Allowance Tax Charge

Pension Scheme Pays Annual Allowance Tax Charge

Video looks at how a pension scheme is allowed to pay an annual allowance tax charge under 'scheme pays' rules....

> 8y7m

Pensions

What is N Code Tax for Marriage Allowance

What is N Code Tax for Marriage Allowance

Video explains what the N Code is on a Tax Notice and how the Marriage Allowance works. Use it to save tax....

> 8y7m

Tax Plan

Pension Contributions When Annual Allowance Capped

Pension Contributions When Annual Allowance Capped

Apart from the usual tax charge here's an alternative way to pay pension contributions when your annual allowance has been capped or tapered....

> 8y8m

Pensions

Adjusted Income and Threshold Income

Adjusted Income and Threshold Income

Don't get tax smashed for paying too much in pensions. Video explores the Threshold Income test and Adjusted Income calculations for tapering pension annual allowance for higher earners start ...

> 8y8m

Pensions

Buy to Let Mortgage Interest Tax 2017 2020

Buy to Let Mortgage Interest Tax 2017 2020

Video - Is the buy to let mortgage dead for higher rate tax payers? We explain why, even if you have not made any profit, you could still face ...

> 8y8m

Mortgages

Will Pension Lifetime Allowance Increase or Disappear

Will Pension Lifetime Allowance Increase or Disappear

Video explores speculation that the Pension Lifetime Allowance will Increase or could Disappear in Budget 2016 as part of pension tax relief changes and simplification....

> 8y8m

Pensions

HMRC Accelerated Payment Notice

HMRC Accelerated Payment Notice

Video explores when an Accelerated Payment Notice may be issued by HMRC to force you to pay taxes upfront even if there is a dispute or if there has ...

> 8y9m

Tax Plan

Calculate How Much To Drawdown From Pension

Calculate How Much To Drawdown From Pension

Video shows you how to work out the how much to drawdown gross from your pension for a net amount of funds to be paid....

> 8y11m

Pensions

Scottish Income Tax Rate

Scottish Income Tax Rate

Video explores the start of Scottish Rate of Income Tax, SRIT, how it will work and when it starts....

> 8y11m

Tax Plan

HMRC Tax The Facts Are The Facts

HMRC Tax The Facts Are The Facts

Video looks at people deciding for themselves whether they are resident, domicile or non domicile or whether home number one or two is their main residence for tax purposes. ...

> 9y

Tax Plan

New Dividend Tax Self Employed v Limited Company

New Dividend Tax Self Employed v Limited Company

Video explores the issues of trading as a limited company with the new dividend tax in 2016 versus being a sole trader and self employed....

> 9y

Business

January Tax Self Assessment Prepare Early

January Tax Self Assessment Prepare Early

Quick reminder video about starting to prepare all your records for self assessment tax returns in January next year, October and November is the time to do this as ...

> 9y

Tax Plan

Pension Flexible Drawdown Tax Explained

Pension Flexible Drawdown Tax Explained

Video explains how large lumps drawn down from a flexible pension after the tax free lump sum are taxed whether HMRC has issued a tax code or not and ...

> 9y1m

Pensions

110000 Threhsold Income Pension Annual Allowance

110000 Threhsold Income Pension Annual Allowance

Video explains how to work out £110,000 threshold income for annual allowance to avoid taper reduction of annual from £40,000 even if you pay in more than £40,000 to ...

> 9y1m

Pensions

Reduced Tapered Pension Annual Allowance 2016

Reduced Tapered Pension Annual Allowance 2016

Video explains how the maximum amount you can save each year in a pension for high earners starts to be reduced by a tapered reduction from 2016....

> 9y1m

Pensions

Double Pension Annual Allowance 80000

Double Pension Annual Allowance 80000

Video explains the merger of pension input periods with tax year pension annual allowance and how you could double to £80,000 the amount that can be invested in a ...

> 9y1m

Pensions

Tax Relief Personal Contributions to Company Pension

Tax Relief Personal Contributions to Company Pension

Video explains how the 'net pay' arrangement works for personal contributions from pay to a company pension and how tax relief is secured....

> 9y2m

Tax Plan

Tax Relief on a Personal Pension

Tax Relief on a Personal Pension

Video explains the simple way that tax relief is added to personal pensions at basic rate relief and any balance for a higher rate tax payer is refunded via ...

> 9y2m

Tax Plan

Pension Lifetime Allowance 2016

Pension Lifetime Allowance 2016

Video explores the cut in Pension Pension Lifetime Allowance in April 2016 from £1.25 to £1m and how you can use fixed protection 2016 and individual protection 2016....

> 9y3m

Pensions

Reduced Annual Allowance High Earner

Reduced Annual Allowance High Earner

Video explores impact of Summer Budget 2015 and reducing the pensions annual allowance if you are a high earner above £150,000 taxable income....

> 9y3m

Tax Plan

Overseas Workday Relief Non Dom

Overseas Workday Relief Non Dom

Video explores the use of overseas workday relief for high earners for non-domicile now UK resident but able to keep foreign income free from UK tax....

> 9y3m

Tax Plan

UK Wealth Tax Speculation

UK Wealth Tax Speculation

We explore the possibility of a possible Wealth Tax in the UK as part of a strategy for increased revenue in UK as well as discouraging landlords thereby releasing ...

> 9y4m

Tax Plan

Offsetting Rental Property Losses

Offsetting Rental Property Losses

Video explores the ability to offset rental property losses, however, there is a quirk where even if no tax is due as profit is within your personal tax allowance ...

> 9y5m

Property

Claim Back Tax Deducted From Pension

Claim Back Tax Deducted From Pension

Video looks at how pension drawdown is taxed at source and how you can claim back or reclaim overpaid tax from HMRC....

> 9y6m

Pensions

How Is Flexible Pension Drawdown Taxed

How Is Flexible Pension Drawdown Taxed

Video explains how flexible pension drawdown is taxed and at what levels of tax and what elements are tax free....

> 9y6m

Pensions

Pay No Tax Flexible Pension Drawdown

Pay No Tax Flexible Pension Drawdown

We show you how to reduce and avoid altogether income tax when drawing down pension funds under the new pension flexible access drawdown rules....

> 9y6m

Pensions

No Tax Due Do I Need To Do Tax Return

No Tax Due Do I Need To Do Tax Return

Video explores that in many cases, even if you have not made a profit or indeed made losses, you may still need to do a self assessment tax return ...

> 9y7m

Tax Plan

5000 Pounds Interest Tax Free Allowance

5000 Pounds Interest Tax Free Allowance

Video explores the new £5000 Savings Interest Tax Free Allowance available for lower income pensioners and low earners from 6th April 2015 meaning you can have a total income ...

> 9y7m

Tax Plan

3000 Pounds Annual Money Gift Explained

3000 Pounds Annual Money Gift Explained

Video explains the £3000 annual gift exemption for inheritance tax plus details of others gifts you can make that are immediately free of inheritance tax....

> 9y7m

Tax Plan

Budget 2015 Personal Savings Allowance

Budget 2015 Personal Savings Allowance

Chancellor confirms a new Personal Savings Allowance of £1000 interest tax free for a basic rate tax payer and £500 for higher rate tax payer but is it about ...

> 9y7m

Tax Plan

Budget 2015 Stop Self Employed Class 2 National Insurance

Budget 2015 Stop Self Employed Class 2 National Insurance

Chancellor confirms that flat rate class 2 National Insurance for self employed will stop but we believe this is about harmonising tax take for both employed and self employed....

> 9y7m

Business

HMRC Let Property Campaign

HMRC Let Property Campaign

Video and article warning looks at HMRC Let Property Campaign and an amnesty to pay taxes for income that you failed to disclose in previous years.Transcript: HMRC Let Property ...

> 9y8m

Mortgages

Savings Zero Tax Rate and 5000 Allowance

Savings Zero Tax Rate and 5000 Allowance

Video explains the zero rate of income tax for savings interest and the savings allowance for the band of £5000 staring April 2015.Transcript:“Hello there, a nice little video this. ...

> 9y9m

Investment

What Is An NT Tax Code No Tax Code

What Is An NT Tax Code No Tax Code

Video explains what a HMRC NT (no tax) Tax Code is. When you get an NT code. What is not covered by an NT code?Transcript:“Hello there, this video is ...

> 9y11m

Tax Plan

Chargeable Event Certificate

Chargeable Event Certificate

Video explains what a chargeable event certificate is for full and partial cashing in for investment bonds and when tax is due...

> 10y2m

Investment

High Income How To Get Personal Allowance Back

High Income How To Get Personal Allowance Back

This video will explain how to get your personal allowance back if you have high earner income and have lost it...

> 10y3m

Pensions

High Income Lost Personal Allowance

High Income Lost Personal Allowance

Video where we explain the rules on personal allowance, why you lose it if you have a high income and the staggering effective 60% tax charge...

> 10y3m

Tax Plan

Reason To Get Married

Reason To Get Married

A video explaining some financial and tax advantages in getting married or a civil partnership...

> 10y5m

Tax Plan

Uniforms Tax Allowance

Uniforms Tax Allowance

Video on claiming an additional Uniforms Tax Allowance from HMRC. Usually the allowance is £60 per year meaning your tax code is increased by 6 - it can be ...

> 10y5m

Tax Plan

Passenger Business Mileage Rate

Passenger Business Mileage Rate

Video on passenger business mileage rate when you have a work colleague with you...

> 10y5m

Tax Plan

Private Car Business Mileage Rates

Private Car Business Mileage Rates

Video on Private Car Business Mileage Rates, what if you receive not the full allowance from your employer and information about additional rates you may wish to claim...

> 10y5m

Tax Plan

High Rate Taxpayer Mortgage Strategy

High Rate Taxpayer Mortgage Strategy

Maximising your pension contributions and using the funds correctly when you reach 55 could allow you to pay off your mortgage or invest in a new buy to let ...

> 10y7m

Mortgages

Impact of Interest Rate Rises

Impact of Interest Rate Rises

We would suggest that you plan for interest rates rising on your mortgage so you know that you could afford it if you needed to pay more.Maybe try paying ...

> 10y7m

Tax Plan

Share Price Matching

Share Price Matching

Share matching is a way of stopping people manipulating their capital gains tax allowance.This is done by matching the purchase and sale price.Longer term is done via a 104 ...

> 10y8m

Tax Plan

Tax Return Late Fees

Tax Return Late Fees

If you file your HMRC tax return just one day late you are issued to a £100 penalty.After this you build up fines of £10 per day for 90 ...

> 10y8m

Tax Plan

Paying Inheritance Tax When Alive

Paying Inheritance Tax When Alive

Inheritance Tax is not just a tax paid on death, it may be paid when a gift is made in life.Laws around inheritance tax state that you can make ...

> 10y9m

Inheritance

Property Sale Exemption Rule

Property Sale Exemption Rule

The three year rule allows a property that was previously your main residence to be free of capital gains tax for the last 3 years of ownership.As from 2015 ...

> 10y9m

Property

ISAs and Saving Tax

ISAs and Saving Tax

When banks add interest to your savings tax will have already been taken from it.If you are a higher rate tax payer then there is further tax due.If you ...

> 10y9m

Tax Plan

Director National Insurance

Director National Insurance

As a director of a limited company you are an employee.You pay national insurance contributions on your salary and your company pays national insurance on your salary.However if you ...

> 10y9m

Business

Limited Company Taxation

Limited Company Taxation

Taxation for directors of limited companies is different to employees. If you are having trouble calculating tax due on profits speak to us....

> 10y9m

Business

Self-Employed National Insurance

Self-Employed National Insurance

If you are self-employed then national insurance contributions are calculated depending on profits.At the date of this video, if your profits are between 0 and £6000 there is no ...

> 10y9m

Business

Self-Employment Income Tax

Self-Employment Income Tax

When you are an employee income tax is automatically deducted, when you are self-employed it is not....

> 10y9m

Tax Plan

Sharing Inheritance Tax Allowances

Sharing Inheritance Tax Allowances

Currently if someone dies they have an inheritance tax allowance, where everything under the nil rate band is not taxed.Under rules introduced by Alistair Darling you are able to ...

> 10y11m

Tax Plan

Inheritance Tax Allowance

Inheritance Tax Allowance

Sadly upon death your estate might be taxable. The highest rate for inheritance tax due is 40%.The government do allow some concessions. The inheritance tax nil rate band is ...

> 10y11m

Tax Plan

Discounted Gift Trust Rate Changes

Discounted Gift Trust Rate Changes

The current income assumption is 5.25%. As from the 1st of December 2013 HMRC will reduce the income assumption to 4.5%.When you invest in this trust, the value used ...

> 11y

Tax Plan

Videos Channels

Our Financial Advice Fees Quotes and Shop

Money Tips Cost of Living & Covid

Cost of Living & Covid

Markets & Alerts

Markets & Alerts

Expat & Offshore

Expat & Offshore

At Retirement Options for Pensions

Options At Retirement

Pension Transfers

Pension Transfers

Green Inv ESG SRI

Green Inv ESG SRI

Law, Wills, Attorneys

Law, Wills, Attorneys

Politics and Economy

Politics & Economy

Offsetting Rental Property Losses

Claim Back Tax Deducted From Pension