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Wealth Knowledge – May 2019
- 10th May 2019
- Posted by: shayne
- Category: Wealth Knowledge
No CommentsOblivious workers over 65 ‘are being taxed on their state pension’ Up to half a million workers could be paying unnecessary tax on their state pension, Royal London has claimed. Around 1.1 million over-65s were in employment in 2017, with roughly 950,000 of those receiving a wage alongside drawing their state pension. The mutual insurer
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The Importance of Retirement Saving
- 10th May 2019
- Posted by: shayne
- Category: Retirement
The importance of retirement saving When, why and how to start. There’s no doubt that the older you get, the faster time flies, and with it comes less time to plan for a comfortable retirement. Saving for retirement can be a challenge, particularly when your income is diverted by other priorities, such as saving for
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Reclaiming overpaid tax
- 2nd May 2019
- Posted by: shayne
- Category: Tax
Reclaiming overpaid tax How to claim tax back through PAYE or self-assessment. Nobody likes paying tax, but most people would like to receive a brown envelope through the post from HMRC containing a tax rebate. Over the next couple of months, the Revenue will start issuing notifications to people who have paid too much tax