If you work for yourself, or you’re a freelancer, or you work for a company but don’t get paid at source then you may well have highlighted 31st January in your calendar.
Midnight on that date marks the deadline for doing your online self-assessment tax return and paying the full amount owed (if any) to HM Revenue and Customs (HMRC)
Even if you don’t actually owe any tax, there’s an automatic £100 fine if you miss the January 31 deadline, so it’s really important to make sure you get your tax return in before the last possible moment. Continue reading →
Do try to stay within your credit limits and do try to pay your credit bills on time. Missed or late payments stay on your credit report for at least six years, and this can have a big impact on your score. Continue reading →
It appears the Millennial generation have learnt from the experiences of those that preceded them when it comes to their finances.
The findings from Experian’s “Millennial Me & My Money” report show that 45% of Millennials manage to save at least a quarter of their disposable income each month, compared to just a third (34%) of 35-54 year olds. To see the full report click on the image below.
There’s a lot said about the January Blues: how it’s cold, dark, there’s no money left in the pot after the festive season and the long gap since last payday, and it’s the most miserable time of the year. So far, so typical.
But we think there’s actually a lot good about January, certainly in terms of taking control of your finances – here are 5 reasons why we’re secret fans of January.
1. Review what goes in and comes out There’s nothing quite like the start of the year for taking stock of your finances, and budgeting for the year ahead. Continue reading →