The current tax year ends on 5th April 2014 and until midnight you can invest up to £11,520 into a Stocks and Shares ISA. This can either be direct with a fund management house or via an investment platform, fund supermarket or wrap provider. For those who are keen to manage their own portfolios there […]
Build wealth by paying yourself first! Take a paycut and invest this money for your future.
Just a quick post as I am off for the long Bank Holiday Weekend, but I have been reading an interesting post by Lee over at FivePencePiece on the need for Compulsory Financial Education in our schools. I wholeheartedly agree with Lee – we received not a single piece of guidance on personal finance whilst […]
The end of another tax year is now upon us and you have until 23;59 hours tonight (5th April 2012) to use your ISA allowance. Here is my ISA article – also check out Lee’s over at FivePencePiece
Just a quick heads-up people – the deadline for submitting your electronic deadline is fast approaching – 23.59 hours on Tuesday 31st January 2012. This is the deadline for submitting your electronic return (paper returns were due in by 31st october 2011) for the 2010/11 tax year. It’s also the deadline for payments due in […]
Here’s a brief overview of ISAs (Individual Savings Accounts) – what you can and cannot do with them in the current 2011/12 tax year which ends on 5th April 2012. What is an ISA? An ISA (Individual Savings Account) is a tax-efficient form of saving or investment. It is tax-efficient in terms of income and […]
At midnight tonight the new 2011/12 tax year starts! ISA allowances are increasing from £10,200 to £10,680. Of this £10,680, up to £5,340 can be invested in a Cash ISA, and any unused allowance between the amount you put into a Cash ISA and the overall allowance of £10,680 can be invested in a Stocks […]
It’s that time of year again – as the end of another tax year approaches on 5th April we are now well and truly into “ISA Season”! Here’s a brief overview of ISAs for those new to this form of savings/investment, as well as for those who may have a few queries they need answers […]
This evening I received an email purportedly to be from HMRC in respect of a tax refund. The opening to the email is as follows: “Dear Applicant We have reviwed your tax return and our calculations of your last years accounts a tax refund of GBP 178.25 is due.” You will notice that there are […]
The Financial Services Authority has confirmed that the compensation limit for depositors will increase from £50,000 to £85,000. This increase in the limit came into effect from 31st December 2010.