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Category: Year 1
Protected: 405AF: Session 20
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Inheritance Tax in the UK
Inheritance Tax is a tax on the estate (the property, money and possessions) of someone who’s died. There’s normally no Inheritance Tax to pay if either: the value of your estate is below the £325,000 threshold you leave everything above the £325,000 Read More …
ISA (Individual Saving Account) in the UK
You can save tax-free with Individual Savings Accounts (ISAs). In the 2020 to 2021 tax year, the maximum you can save in ISAs is£20,000 There are 4 types of ISA: cash ISAs stocks and shares ISAs innovative finance ISAs Lifetime ISAs You can put money into one Read More …
Personal Tax UK
Types of Tax §Income Tax (Income, Dividends, Savings, Other) § National Insurance Contributions § Capital Gain Tax § Inheritance Tax § Stamp Duties (Land & Marketable Securities) § Council Tax Income Tax rates and Personal Allowances Current rates and allowances Read More …
Pensions Schemes
Occupational Pension Schemes There are two types Final Salary (defined benefit) – the pension the employee receives is calculated as a proportion of salary at retirement. Final salary schemes have become too expensive so few employers now offer these Money Read More …
Protected: 405AF: Session ?
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