All About Child Benefit and How It Affects Income Tax
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See this article all about Child Benefit and this article outlining the effect it could have on your Income Tax if you’re lucky enough to be a high earner.
Tag: income tax
Personal Tax Allowance for 2020/2021
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Read this article to find out what the personal tax allowance is for 2020/2021.
Tax Changes This Year
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See this article for the income tax changes coming in this year.
You Could Claim Tax Relief If Working from Home
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Read this article to see if you can claim tax relief if working from home. The rules have always been there, but Coronavirus has resulted in even more of us doing it.
Do You Claim Marriage Tax Allowance?
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Are you married or in a civil partnership? Does one of you pay income tax whilst the other does not? You could get up to £1,150 from the taxman by transferring some of the Personal Allowance from the non-tax payer to the tax payer. Find out the details from Martin Lewis. But hurry, you need to get it sorted by April!
The Benefits You Need to Pay Tax On
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There are certain benefits which are taxable. See this article for the full story.
Check Your Tax Code, It Could be Wrong
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Consumer finance guru Martin Lewis recommends that you check your tax code for the next financial year when you receive it from HMRC. See this article for the details.
Scrap National Insurance? Now There’s an Idea!
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See this article about scrapping National Insurance and rolling it in to Income Tax. Can’t see it happening though!
Tax and the Budget
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See this article with regard to the anticipated changes introduced at the next budget. It’ll affect us all in some way.
Paying Tax on Pension AND Income? Read on….
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Steve Webb explains how to minimise the amount of income tax you pay if you receive income from both pensions and savings in this article.