As is the case with just about any investment, there are a range of ways you can go about purchasing a tax lien certificate. A tax lien certificate is placed on a property by the government when the owner fails to pay their property taxes. Purchasing the lien certificate gives you ownership of the debt… Read more
Viewing posts tagged with: tax
National insurance income tax – National Insurance (NI) was historically a way of paying pensions and other benefits but is really just another form of income tax.
This is a guest post from David over at Dodgy Statistics. Please let me know if you would like to guest post on SS. Hello! Over at my blog, I have talked about the referendum campaigns (who are trying to push you into a decision) and corporations (who are trying to sell you stuff). For this… Read more
All you need to know about inheritance tax
Inheritance tax is the tax your heirs need to pay on the estate you leave behind, if said estate is worth more than £325,000 at the time of your passing. With property prices on the rise in the UK, it is likely that just your main residence will be over the threshold, so here are… Read more
Don’t Panic: It’s Tax Season
Have you taken a good look at your financial goals for the year? In less than three months, Americans will face one of their most dreaded dates of the year: Tax Day. While some are eager to get their taxes completed because they’re expecting a refund, others will worry about the amount of income tax… Read more
New year financial boot camp: Challenge your council tax banding
Are you ready to kick start the new year with a bang? To help you do just that, I have put together a month long financial boot camp, with one or two tips per week and a call to action. Together, we will review several aspects of your financial life to make sure you start… Read more
Introducing peer to peer New ISAs
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
Insurance for charities in the UK
Ranging from property damage to third party liability for professional indemnity or public liability, charities in the United Kingdom are confronted with an ever increasing exposure to a variety of risks. These risks can end in loss, interruption of business and damage or liability for trustees – and for the charity as a whole. Only… Read more
Just a few days left to use your ISA allowance!
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
Get the most out of your Retirement Accounts in 2014
Anyone who’s engaged in contributing to a retirement account already knows that they allow you to take advantage of several excellent tax breaks as well as, in many cases, employer matching programs that add to your “nest egg”. In order to take full advantage of these tax breaks, and the considerable amount… Read more
Beating the Taxman: Why a VCT Could Reduce Your Tax Liabilities
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
Will it to charity if it be your will
Benjamin Franklin’s famous quote about the two inevitabilities of life being death and taxes is as true today as it ever was. And when it comes to that aspect of life most of us would rather not contemplate – many of us tend to bury or heads in the sand. This is… Read more