Although many older “ex-pats” live off their retirement savings and pensions, others continue to work, either because they need to or want to. Income earned overseas is subject to tax in the country in which you’re “domiciled” (ie the place that’s your permanent home), you do not...
Invest up to £4,000 a year in our stocks and shares Lifetime ISA and get up to £1,000 extra each tax year.
UK tax rules for British expats and non-residents, updated for UK tax years 2023/24 and 2024/25
Hunt announces that the annual tax-free allowance on pension savings will rise from £40,000 to £ 60,000, while the Lifetime Allowance, previously set at £1.07 million, will be abolished. Wed, Mar 15 2023 9:30 AM EDT Nuclear energy to qualify for same incentives as renewables Hunt...
Enable you to earn tax-free returns on your savings. You are permitted to open one Cash ISA with one provider in each tax year and save up to the annual ISA allowance A fixed term Cash ISA would be suitable if you have at least £1000 to save and don’t want to make any withdraw...
News and guides on money and finances for contractors. Covering everything you need to know from contractor mortgages, pensions and ISAs, to tax rates, contractor wills and childcare vouchers. You can also read the latest news on anything likely to affec
1.187 Combined with the increases the government has made to the personal allowance and the introduction of the Personal Savings Allowance, from April 2016 individuals will be able to receive up to £17,000 of income per annum tax-free, and separately invest up to £15,240 per annum throu...
SMEs: If profitable, multiply the enhanced R&D expenditure by the corporation tax rate (19% as of 2023). If loss-making, multiply the enhanced expenditure by 14.5% (credit rate). Large companies (RDEC): Multiply the enhanced expenditure by 13%, then tax this figure at the corporation tax ...
Current and savings accounts can play a role.This article includes tips, suggestions and general information. We recommend that you always do your own research and consider getting independent tax, financial and legal advice before making any important decision. In this article, learn what people ...
5th June 2023 Kia Business Switching to an electric car could lead to big savings for company car drivers and fleet operators. We’ve answered some of the burning questions to help you decide whether to make the switch. Explore More How to Check Company Car Tax 28th July 2023 Kia...