A portion of your returns is shielded from tax thanks to the personal savings allowance (PSA). The PSA currently stands at £1 ...
Regular saver: Regular savings accounts require savers to deposit money each month up to a pre-set limit, normally £250 or ...
More people are being dragged into paying tax on their savings. Thanks to frozen income tax thresholds, increasing numbers of savers are exceeding their personal savings allowance (PSA) particularly ...
Here's what self-employed workers in the UK need to know about submitting their Self Assessment tax return before the January ...
Savers are facing a tax crackdown as banks and building societies will be forced to share more of customers’ financial details to HMRC under new rules. From April 2027, savings providers will be ...
Most people saving into a pension don't need to file a self-assessment tax return. However, there are some situations in ...
To encourage you to put aside money for retirement, the Government effectively nullifies the tax paid on your earnings when it goes into a pension.