With peak tax season approaching, you have a chance to use your refund to boost your savings strategy and maximize its value long after filing your tax return. High-yield savings accounts offering up ...
If you're receiving a tax refund this year, you might wonder what to do with it. A large purchase? Vacation? Splurging could be tempting, but there are other ways you can benefit your finances. While ...
Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...
The deadline for submitting a paper self-assessment tax return for the 2024/2025 tax year to HMRC is 11:59pm on 31 October ...
People with savings are being warned to check if they’re liable to pay tax on their funds as October deadline nears ...
Analysis from Moneyfactscompare.co.uk reveals that switching a typical £25,000 savings pot from a high street bank to a ...
For someone who owes around £600, HMRC will usually let you choose how to pay, either settle it in one go or have it ...
Having to pay tax on savings interest has boosted the popularity of the cash ISA. The annual ISA allowance allows individuals to shelter up to £20,000 a year without paying tax on interest earned – or ...
"With savings rates still available around 4.5%, the prospect of safety and certainty of returns, and an inflation beating ...
An expert have warned this means some people may end up paying the full amount without realising they have already paid some, or all, of this original tax bill ...
HMRC also said customers will need compatible software, but there are free options available as well as ones you have to pay for. The tax body added: “There isn’t a one size f ...