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What You Need to Know About Maternity Pay
The Story Pregnancy is a gratifying time of life but calculating how much maternity pay you’ll get is not. Instead, it’s a complicated web of government rules to wade through. So, to make…
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Compound Interest Explained
It’s a powerful way to grow your money over time. So much so, Einstein described it as the eighth wonder of the world! How is it so powerful? You earn ‘interest on your…
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How Much Inheritance Tax Will You Pay?
Money that is left to you in a will may be taxed at a whopping 40%. Yes you read that right. Back Up In 1894 the UK gov introduced ‘estate duty’, aka inheritance…
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Your Personal Saving Allowance
You have a ‘Personal Savings Allowance’ or PSA, which means you can earn interest – from savings, loans – such as peer-to-peer or bonds – tax free up until a certain amount. Your tax-free allowance depends…
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Income Tax Bands
Your Income Band Name Tax Rate Up to £11,850 Personal Allowance* 0% £11,851 to £46,350 Basic rate 20% £46,351 to £150,000 Higher rate 40% Over £150,000 Additional rate 45% *If you earn…
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How to Reduce the Cost of Childcare?
The Story One of the (unwanted) surprises of becoming a parent is the cost of childcare. Sometimes this can be as much as your yearly rent or mortgage! Yeah, seriously. Before you…
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6 Essential Money Saving Tips
Six seriously good money tips which will save you thousands: 1. Spend using a card that pays you cash or air miles. You can find your best option here. 2. On your hols…
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Where is the best place to save?
You should divide your money into different pots that correspond with your goals. Each pot will be put in a place that is best for that goal's timeframe. For example, your Emergency Fund…
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Why Shared Parental Leave Should be on Your Radar
The Story In 2015 the government launched Shared Parental Leave, which means you can share your time off once you’ve had a baby with your partner. We’re cheers-ing to that! So how exactly…
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Should you open a Junior ISA for your child?
These accounts focus on the long-term because money can’t be withdrawn until your child turns 18. What do you get in return? Junior Cash ISAs tend to pay more interest than regular child…
