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 …
Tax loophole closure of the week: offshore accounts
How to get the most out of your annuity
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 …
Why the mining sector is booming, not bubbling
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 …
How to avoid credit card fraud
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 …
What to do with your child trust fund voucher
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 …
Women: if you don’t ask, you don’t get
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 …