by Ruth Clark | Aug 28, 2024 | HMRC
If you are planning to retire overseas, you need to consider what to do with your pension once you leave the UK. There are a few options, including leaving your pension in the same UK pension fund, and just having the income paid to a sterling bank account, and then...
by Ruth Clark | Aug 14, 2024 | HMRC
Thousands of children have had a pot of money building up for them as they grow thanks to a Government initiative launched near the start of the millennium. The Child Trust Fund (CTF) was launched way back in 2005 and has been available to all children born between...
by Ruth Clark | Jul 31, 2024 | HMRC
The General Election is days away, and each of the political parties have put out their manifestoes as they try to encourage us to vote for them. At the time of writing, the polls were suggesting a landslide victory for Labour this year, with the Conservatives...
by Ruth Clark | Jul 18, 2024 | HMRC
An app from HMRC which provides information such as your National Insurance number and tax information has been flagged by the taxman to help students completing their A’ Levels this year and planning to head to university in September. Anyone who is applying for...
by Ruth Clark | Jul 10, 2024 | HMRC
No-one likes to pay more to the taxman than they have to, but if you fall foul of HMRC’s rules, you could find yourself paying a penalty, and interest if things are not sorted out quickly. There are various fines you could face from HMRC if you get things wrong, and...
by Ruth Clark | Apr 17, 2024 | HMRC
If you hold or invest in cryptocurrency, or even if your employer pays you in a cryptocurrency such as Bitcoin, you may need to declare this on your self-assessment form. For anyone who didn’t in the 2022/23 form which should have been filed before January 31, it...