You may not know that you can start junior pensions for children (anyone aged under 18). This can be an exceptionally good way to save for your child’s future, as it means pension benefits can build up over their own lifetime (rather than just from
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Even if you’ve already bought a house, navigating the house-buying process can seem like a never-ending maze of paperwork and administration. From finding the right house to collecting the keys to your new home, preparation is key. We give you the low down on how
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Update January 2023: Making Tax Digital MTD for income tax has been delayed by two years until April 2026. As the new tax year for 2022 gets under way there are increasing living costs, hikes in NIC and the uncertainty of future increases. That’s why
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Update January 2023: Making Tax Digital MTD for income tax has been delayed by two years until April 2026. April marks the start of the 2022/23 UK tax year, while also being the month when HMRC introduces some important tax changes. These can affect landlords
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Pensions provide income in later life, usually when you’ve retired from work. There are several types of pension, some of which work in very different ways from others. You may also draw pensions from a number of different sources. This guide explains each kind of
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Cryptocurrency tax: How to report & pay the right amount. In October 2021, HMRC was reportedly planning to send out “nudge letters” to holders of cryptocurrency (also called cryptoassets or just crypto), reminding them to check that they were reporting correctly and paying the required
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Update January 2023: Making Tax Digital MTD for income tax has been delayed by two years until April 2026. Self Assessment Deadline Delay – Could you be charged? You were still required to send HMRC your 2020/21 Self Assessment tax return and pay any tax
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More than 12m people file a Self Assessment tax return each year, which is almost a fifth of the UK population. They include sole-trader bricklayers, plumbers and plasterers, as well as hairdressers, cake makers and chefs, and self-employed tutors, translators and tattoo artists. People of
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The tax return deadline has been extended, what does this mean and five last-minute tips for landlords. You still need to send HMRC your 2020/21 Self Assessment tax return and pay any tax owed by 31 January, but due to coronavirus they will waive late
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The end of a year is when many of us reflect on the 12 months that have just gone: the highs and lows; the things we got right and the things we could have done better. If you’re a sole trader or freelancer, naturally, you’ll
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