April 5th is Looming If you’re on track to earn over £100,000 this year, congratulations are in order—but so is a warning. In the UK tax system, the leap from five figures to six is where the taxman hides his sharpest teeth. Between £100,000 and £125,140, high earners and unknowingly walking into the 100k tax …
The £100k+ Success Trap: Is the 60% ‘Ghost Tax’ Haunting Your Personal Allowance? Read More »
With the introduction of ‘auto-enrolment’, more and more people are compulsorily required to save towards a personal pension. However, not everyone is aware that they can claim tax relief on these personal (employee) pension contributions! What is pension tax relief and who can get it? When you save into a pension, the government usually gives …
Can I claim tax relief on pension contributions? Read More »
Electric Company Car Tax Guide You might be thinking, is it time I switched to an Electric Car? Battery Electric Vehicles (BEVs), are becoming much more popular, with more and more car manufacturers jumping on the Tesla bandwagon. This Electric Company Car Tax Guide lists all the tax savings, reliefs and incentives currently being offered. …
Time to go Electric? The EV Company Car Tax guide Read More »
The mrtaxman UK blog – we will be posting regular articles on tax saving ideas and the latest news.