Go to gov.uk/check-state-pension to check the current situation regarding your State Pension forcast. You can also check this via the HMRC app. This will tell you how much State Pension you could get, at what age and how you might be able to increase it. Those who are eligible have ...
This means that it’s on HMRC’s list of approved QROPS schemes. It makes it easier to transfer your pension abroad, and in some cases it’s the only way to do it - as many UK pension providers won’t permit transfers to non-QROPS schemes. It’s also essential for avoiding a large...
I need to claim the Employment Allowance for the 2021/22 tax year. Does it mean that when I delete all payroll month by month and then tick the employment allowance and redo the whole year, I have to re-submit every month to the HMRC? Or just th...
HMRC suggests keeping payslips and any other relevant tax records for at least 22 months after the end of the tax year they were issued in. 'If you receive regular variable pay (bonus, commission, overtime etc) consider extending this to three years of payslip history. Lenders may ask to...
Visas for Moving to Spain If you are actually moving to Spain from UK then you must tell the UK government offices that deal with your benefits, pension and tax that you are moving or retiring abroad. You can check the entry requirements for Spain here and plan your move to Spain from ...
Tier 1 Investor visas lead to settlement, but qualifying time is dependent on investment amount What Can Exclude Me From Applying for ILR? Excessive amount of days out of the UK during your 5 year period Failure to pay taxes and keep HMRC updated – especially for Tier 1 General migrants ...
Is freelance work difficult to do? As with any job, freelancing has its ups and downs. We’ll look at both sides in a moment, but here are some reasons why freelance work can be difficult: If you want to check out some other ideas, take a look at ourSide Hustle Ideas page. ...
Check out our useful articles on making the best use ofinsurance. Bear in mind that insurance companies can take a while to pay out, or even fail to do so altogether. Another instance in which an emergency fund can be a lifesaver. ...
This process all tells you how much you need to retire on at today’s prices. That’s fine because you can easily adjust this number for inflation. Simply check the annualinflation rateonce a year or so. The picture below shows how the official rate looks on theOffice For National Statist...
See gov.uk to check. 47. Get paid for working from home If you’re employed and working from home, you can ask your employer to cover ‘reasonable’ costs that are specifically required for your employment. This might include desks, chairs and tech equipment. You can also claim tax ...