What Is Capital Gains Tax in the UK and When Do You Pay It?
Capital gains tax is charged on the profit when you sell something that’s increased in value. Here’s how it works, what the rates are, and the legal ways to reduce it.
Stocks and Shares ISA vs Cash ISA: What’s the Difference?
Both ISA types shelter your money from tax, but they work very differently. Here’s how stocks and shares ISAs and cash ISAs compare, and how to choose between them.
What Is a Help to Buy ISA and Can I Still Open One?
The Help to Buy ISA closed to new applicants in 2019. Here’s how it works if you already have one, how the bonus is claimed, and how it compares to the Lifetime ISA.
What Is a Defined Benefit Pension in the UK?
A defined benefit pension pays a guaranteed income in retirement based on your salary and years of service. Here’s how it works, what it’s worth, and what to do if you have one.
What Are Premium Bonds and Are They Worth It?
Premium bonds offer tax-free prizes instead of interest. Here’s how they work, what the prize rate means in practice, and whether they beat a savings account.
How to Switch Bank Accounts in the UK
Switching bank accounts in the UK takes 7 working days and is fully protected. Here’s how the Current Account Switch Service works and what to look for in a new account.
What Is the Marriage Allowance and How to Claim It?
The Marriage Allowance can save couples up to £252 a year in tax. Here’s who qualifies, how it works, and how to claim it — including backdated claims.
How to Reduce Inheritance Tax in the UK
Inheritance tax is charged at 40% on estates above certain thresholds. Here are the legal ways to reduce your estate’s IHT liability, from gifts to trusts to pension planning.
What Is Salary Sacrifice and How Does It Work?
Salary sacrifice lets you swap part of your salary for benefits and pay less tax and NI. Here’s how it works, what the benefits are, and the trade-offs.
What Is Income Protection Insurance in the UK?
Income protection pays you a monthly income if you can’t work due to illness or injury. Here’s how it works, what it costs, and whether you need it.