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The Savvy Scot

Personal finance and lifestyle blog

Viewing posts tagged with: allowance

Unlimited holidays for Virgin employees? Yeah, sure.

By Pauline

Unlimited holidays for Virgin employees

You may be aware that recently Richard Branson announced that all salaried Virgin employees were now able to take as many holidays as they pleased, whenever they wanted. Sounds pretty cool indeed. Actually, a few companies like Netflix already do that, and as a result have seen a boost in productivity. They also get better,… Read more

Filed Under: Personal Finance Tagged With: allowance, branson, Business, employees, Holidays, virgin

Introducing peer to peer New ISAs

By Pauline

Are you familiar with the new ISAs? They launched back in July 2014, and just like the “old” Individual Savings Account, they allow you to save money tax free, in the form or cash, or stocks and shares. The big changes of the New ISAs were a huge increase in the yearly allowance, to £15,000 per… Read more

Filed Under: Money Tagged With: allowance, cash isa, credit, interest rate, new isa, nisa, peer to peer, Save Money, savings, shares, tax, tax free, uk savings account

Just a few days left to use your ISA allowance!

By Pauline

We will be short and sweet today, with a friendly reminder that the tax year in the UK is coming to an end on April 5th, so you only have a few days left to use up your ISA allowance. What is an ISA? For those of you who are not familiar with the Individual… Read more

Filed Under: Personal Finance Tagged With: allowance, budget, investment, isa, july, new isa, saving, stock and shares, tax, tax free

Beating the Taxman: Why a VCT Could Reduce Your Tax Liabilities

By Pauline

A combination of stagnant economies, low interest rates and modest returns from under-performing investments has made the need to minimise tax liabilities more acute than ever before. People saving for their retirement or trying to build a successful financial portfolio have a range of options available to them when it comes to beating the taxman,… Read more

Filed Under: Money Tagged With: allowance, Business, capital, hmrc, investment, pension, retirement, shelter, tax, trust, venture

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