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When is a tax dodge not a tax dodge? When it’s an offshore bank account. Yes, the interest in offshore accounts is paid gross; but no, contrary to popular belief, it is not tax-free. Accountants …
Thanks to the compulsory annuity system operating in the UK, a good retirement here is about little more than timing. The idea behind buying an annuity is to insure that you get a guaranteed income …
At MoneyWeek, we are great fans of the mining sector. When we look at commodities, we see high demand and constricted supply, something that we can’t help but believe means rising prices and a boom …
Someone, somewhere probably knows all about you. Supermarket loyalty schemes, marketing lists, surveys and the use of debit and credit cards all generate records of how and where we spend our money, says Helen Monks …
Open a child trust fund – or the Government will do it for you. HM Revenue & Customs has issued more than two million vouchers worth at least £250 each to families with children born …
Thirty years after the introduction of the Equal Pay Act, women’s pay is still nearly a fifth lower than men’s, even though it was trimmed last year from 17.8% to 17.2%. The gap is partly …
If you don’t want to lose a tax break on pensions, you need to act, says Rebecca O’Connor in The Times. On 31 January, the tax break known as ‘carry back’ – which allows savers …
If you are about to sell a work of art from your collection, beware the latest EU tax to hit these shores, an art tax known as ‘droit de suite’. The levy will apply to …
One of the much-heralded changes to the pension rules on A-Day next year is that pensioners will no longer be compelled to buy an annuity, says James Brooke, financial architect at Anand Associates (Anandassociates.co.uk). However, …