Moving across the pond is an attractive idea, with many young Americans opting to live in the UK. Several factors influence their decision, and a more affordable cost of living is one of the most notable. You can expect cheaper rent, groceries, utilities, and most importantly, healthcare. For anyone looking to move abroad, eliminating the language barrier is always an … [Read more...] about A US Citizen’s Guide to Taxes in the UK
Tax
Understanding inheritance
If you’ve inherited money, property or any other valuable possessions, it can feel slightly overwhelming when it comes to deciding what to do with it. After all, there are so many options. Should you pay off your debts or all/part of your mortgage? Should you invest it or save it? Before you make any decisions, it’s a good idea to take a step back and carefully consider the … [Read more...] about Understanding inheritance
What Salary is enough for London? (not-married, no children)
Have you ever wondered what salary would be enough to live comfortably in London? Even though I live in Manchester, I’ll write about our capital, as millions of people live there, and also, many people from all around the UK and the world might be thinking of moving to London to work or study. In this article we’ve calculated 3 different salaries, and we’ll try to figure … [Read more...] about What Salary is enough for London? (not-married, no children)
5 tips on finding the right independent financial advisor
When it comes to managing our finances, many of us feel like we need an expert opinion, and we need to find an expert we can trust. A financial advisor can help you through mortgages, pensions, savings, investments and other money matters. What sets an Independent Financial Advisor (IFA) apart is that word ‘independent’: they aren’t tied to any bank, insurance company or … [Read more...] about 5 tips on finding the right independent financial advisor
Getting your finances in order for your online tax return
Filling in your online tax return can be a process that most people dread. If you have been organised throughout the year, and kept a monthly tally of your income and expenditure, the exercise needn’t be too difficult. Tax returns are obligatory Everyone has to fill in a tax return. Even if you haven’t earned enough in a year to pay tax, you’ll have to demonstrate to Her … [Read more...] about Getting your finances in order for your online tax return
