Child benefit is paid to parents or full-time carers of one or more children under the age of 16 (or 20 if in full-time education). It was started back in 1946 as family allowance to encourage parents to keep their children in full time education rather than send them out to work, and to provide […]
Pay off your Mortgage? – That’s the LAST Thing You Should Do!!
For many people repaying your mortgage early is not the best option for a good quality of life and a successful financial future – and I’m going to explain to you 5 reasons why it is literally THE LAST THING YOU SHOULD DO.
6 Things to STOP doing TODAY to boost your productivity
Whether you work 4 hours a week or 40 hours a week, being productive will let you accomplish more and feel like you’ve made progress towards your goals and mean you finish your day on a positive note.
Why Business Owners are More Trustworthy than Salaried Employees
Did you realise that as a business owner the government trusts you more than they trust salaried employees?
3 Retirement Planning mistakes you don’t want to make
With people living longer, being more active and having more options than ever before, retirement planning can be overwhelming, confusing and one of those things that gets consigned to the ‘nice to do’ list.
How to ensure you and your business survive the school holidays!
Is there anything you can do to ensure that you have a calmer experience when you take time out of your business for a holiday – or are you destined to work 52 weeks of the year forever?
How to legally change Grandad’s Will
A deed of variation (DOV) is a legal document that allows the beneficiaries of an estate – if all of them agree – to make changes to a will, in the name of the deceased, after their death.
How to cut your Inheritance Tax Bill without allowing your kids to squander the money
Inheritance Tax (IHT) is one of the taxes that most people seem to particularly resent paying, you work hard all your life, invest your money well, and then when you die your children (or other beneficiaries) face a potential tax bill because of your success.
How to save £19,000 in Tax by giving £25,000 to Charity
There are many tax benefits to be had from giving to charity, depending on how and when you do it which can be a further bonus to you as an individual or as a business owner.
Growing the Dream
Part of the reason that we wanted to move to the countryside and buy a house with land was that we wanted to be able to grow more of our own produce than we’d been able to do in our suburban garden.
Does the wrapper matter if the contents are the same?
Now this could be an article about fizzy drink, chocolate or any other thing – and you could be wondering what on earth would prompt me to write about such things – but hang in there, this does have a financial relevance. The purpose of a wrapper is to hold the contents inside, and to […]
Why you shouldn’t be saving for your future
At some point, most people start to think about putting money away for the future in some form – the deposit for a home, a dream holiday or your retirement and what you choose to do next can have a massive effect on the end result.
Building the right team – interview secrets
There comes a time in most business owners lives when they will need to hire some staff, or contract with a freelancer to support their business in some way. Taking on the right people to fulfil the right roles is crucial.
4 Legal and Ethical Ways to Reduce Your Tax Bill – Part 4
You’ll receive tax relief on all payments you make into your pension – whether it’s a company pension, personal pension or stakeholder pension – if HMRC has approved the pension scheme.
4 Legal and Ethical Ways to Reduce Your Tax Bill – Part 3
Gift Aid is a way that charities can boost their donations without it costing you any extra, and in some cases, you can benefit too by paying less tax – simply by completing a gift aid form with the charity concerned and letting HMRC know about the donations that you have made.
4 Legal and Ethical Ways to Reduce Your Tax Bill – Part 2
In part 2 of our quick wins for busy people, we look at the Marriage Allowance.
