Another under-utilised tax relief for higher earners is Gift Aid, with only 22 per cent of higher rate taxpayers claiming this last year.Givingthrough Gift Aid means charities can receive an extra 25p for every £1 you donate. And if you’re a higher or additional rate taxpayer, you can...
I RECENTLY had a review meeting with Keith, a higher-rate taxpayer in his early fifties who, over the years, has regularly used his annual pounds 6,000 general PEP allowance. These investments have all been directed towards unit trust-based PEPs investing in shares. At our review meeting, ...
Because Adam is a higher rate taxpayer, with Zoe only paying tax at the basic rate, there would be a further tax saving if Adam transferred shares to Zoe so that the dividend income was split £2,000 to Adam and £10,000 to Zoe. Similarly, there woul...
Of course, it’s grown to meet the high demand and it’s no surprise that there is a large and growing “academic conference industry,” along with a large and growing industry for academic journals to publish academic research (which is typically ignored, except for a few other academics)....
Business test - Taxpayer must be employed at least 39 of 52 weeks or be self-employed for 78 of the 104 weeks following the move Taxpayers are allowed to deduct a mileage rate in lieu of the actual costs of driving their personal
Indian Bank, a public sector bank, has extended the special fixed deposit offering higher interest rate dubbed “Ind Super 400” and “Ind Supreme 300 days”, according to the bank website.
They include the good (a higher fees cap, a higher interest rate on student loans, better information and improved support for part鈥恡ime study), the bad (abolishingmost taxpayer support for teaching in the arts and humanities and the social sciences, and raising excessively the threshold at ...