Prepaid cards can be a safer, more convenient alternative to debit and credit cards, offering a great alternative to cash. These cards work just like traditional credit and debit cards—you can withdraw money from ATMs and make purchases online and in stores anywhere that accept traditional cards. In addition to these conveniences, prepaid cards can also effectively protect you and… Read more »
Many people do not realise that they could face a tax bill when they receive a pay out from life insurance. In fact there is a selection of taxes that come with insurance proceeds and it is worth being aware of what they are and therefore how to avoid them. Income Tax Income tax only becomes an issue when the… Read more »
The UK is famous for having not having an anti-avoidance tax law, which in turn is increasing the tax gap. There is a shortfall between the tax that needs to be paid, and the amount that’s actually paid in. That’s the heart of the tax gap definition, and more people are beginning to wonder if the Government will be able… Read more »
Self-assessment can be daunting for the best of us and the finding an accountant or a firm to help with the process can set you back at least £250 but online as low as £30 with budget services. There are three questions to ask yourself (and them): how is an accountant found, how much do they charge and what does… Read more »
Many of us, as a result of where we work, are fortunate enough to have a 401(k) plan. For those of you who aren’t sure if you have one or don’t know what one is, a 401(k) is a retirement plan which allows you to save for your own retirement. The purpose of this article definitely isn’t to give you… Read more »
Buying shares in Australia can be a rewarding and profitable experience,. however there are risks regarding taxation. Below is a series of questions worth considering when learning more about profitability of shares in Australia and how you may be liable for capital gains tax. Share Trading in Australia: Important Questions The following are some of the most important questions that… Read more »
Some people can be quite unprepared for their tax bill when it arrives. If you relay on a book keeper to keep your accounts of you do not look at them until the end of the tax year, you may suddenly find that you get a big shock with regards to how much you owe. If you have not been… Read more »
Tax time is quickly approaching, and if you’re like most people, you are starting to think about how you can save money. The easiest way to keep more cash in your pocket is to find out which tax deductions you qualify for. Nearly every tax payer qualifies for some type of deduction, and depending on your age and job, you… Read more »
The taxman cometh for nearly 2 million people that did not pay the correct amount of tax via the PAYE system. The PAYE system has been in the news repeatedly due to tax errors, but HMRC announced that nearly two million people did not pay the right amount of tax. Once identified, this is an error that will have to… Read more »
You shouldn’t at the very least be worried about getting broke now. There’s a way to save you from all the trouble if you just establish the fact that a mis-selling of Payment Protection Insurance happened to you when you applied for a loan, credit card, or mortgage from any financial institution. There are a lot of people who succeeded… Read more »