Before diving into the tips, it's essential to understand the basics of UK income tax and National Insurance contributions. Income tax is calculated based on your taxable income, which is your gross income minus certain allowances and deductions....
Capital Gains Tax (CGT) is a tax on the profit you make when you sell or dispose of an asset that has increased in value. This profit is known as a 'capital gain'...
You might be due a tax refund if you've paid too much income tax during the tax year (which runs from 6 April one year to 5 April the next)...
The National Health Service (NHS) in the UK provides comprehensive healthcare, but like many public healthcare systems, it faces challenges with waiting times for certain treatments and appointments...
Before you even think about asking for a pay rise, it's crucial to objectively assess your value to the company...
The average UK salary is a widely cited statistic, but it's essential to understand what it represents. Typically, this refers to the median gross annual earnings for full-time employees....
In times of high inflation, it becomes even more important for workers to negotiate pay rises that keep pace with or exceed the inflation rate...