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How the time value of money can help you make better financial decisions
The time value of money is an important financial concept when investing. Essentially £1 in your hand today is worth more than £1 in the future.
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Smart saving with building societies
Competitive interest rates from building societies for instant access, one year fixed deposits and regular contribution savings accounts in the UK
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60% Effective tax rate
UK’s effective 60% tax rate on personal income between £100,000 and £125,140 as a result of a reducing personal tax-free allowance and how you can reduce the impact of this.
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Tax benefits of ISAs
ISAs or individual savings accounts provide several alternatives to save and invest your money tax-free. Save or invest up to £20,000 a year with all income and capital gains tax-free.
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Paying off your mortgage early
Paying off your mortgage early can save you a considerable amount of interest. Simple paying a little extra on top of your monthly payment means you can pay your mortgage off sooner saving potentially saving you loads of money.
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How a regular savings habit will grow your money
A regular savings habit will grow your money over time while building a more secure financial future for you. Regularly saving a fixed amount of your income allows your savings to benefit and grow from compounding interest.
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Credit card interest
Credit cards charge high rates of interest making them an expensive form of debt. Learn how to use them to build a credit score whilst avoiding interest charges.
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Personal tax account with HMRC
Apply for a personal tax account with HMRC. You can update your personal details and apply for tax rebates using your HMRC account.
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Make the most of your tax advantages
Make the most of your tax advantages. With the end of the tax year fast approaching, check that you are making the most of the available tax reliefs .