8 tips to help you save tax
See whether you could pay less tax by taking advantage of our latest tips.
The cost of living is putting real pressure on household budgets.
This means that it’s as important as ever to make sure your money’s working hard for you. One way to do this is to protect yourself from paying more tax than you need to.
This plain English guide gives you 8 tax tips including:
- Using allowances you might not know about
- How pensions can save tax
- Ways married couples or those in civil partnerships can pay less tax
UK tax rules can change, and the benefits will depend on your individual circumstances. Money in a pension is not usually accessible until at least age 55 (57 from 2028).
This guide isn’t personal advice. Our accounts are intended for people who are happy to make their own decisions. If you’re unsure whether a course of action or an investment is right for you, ask for advice. We’re not tax advisers, so if you need help with tax calculations please contact an accountant.
The value of investments can fall as well as rise so you could get back less than you invest. If you’re unsure if these are right for you or where to invest, seek advice.