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A UK tax expert reveals the 10 simplest secrets to paying less tax

Our accountant's tips to boost your savings
1. Giving to charity can reduce your tax bill
1. Giving to charity can reduce your tax bill
2.
2.
3. Putting money in your pension can get your child benefit back
3. Putting money in your pension can get your child benefit back
4. Pensions can also save you capital gains tax
4. Pensions can also save you capital gains tax
5. We can all marry for money (kind of)
5. We can all marry for money (kind of)
6. You have to pay tax on your savings, but not if you use an ISA
6. You have to pay tax on your savings, but not if you use an ISA
7. You should get your kids to save too
8. Get £1,000 tax-free for renting out your property
8. Get £1,000 tax-free for renting out your property
9. You have a £1,000 trading allowance
9. You have a £1,000 trading allowance
10. HMRC is watching you
10. HMRC is watching you
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An accountant's tips to boost your savings

The rules around tax seem to change all the time, and working out what you can and can't claim can be difficult. So we spoke to an accountant who gave us their top 10 pointers for dealing with your finances. As our expert says: "People are not always making the most of the tax breaks that the Government allows, but in some instances taking the time to work out your tax properly can save you a lot of money." Tax tips for free? What's not to love.
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Charlotte Irwin

04 October 2018

Saving and Making Money

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