Side hustles – what they are and why they work
A side hustle is any type of work undertaken in addition to a full-time job. It’s often freelance or piecework in nature and provides extra income. It’s not the same as a part-time job, which entails working for someone else who governs the terms of your employment and the hours you work. Side hustles often […]
The impact of humble mortgage overpayments
If you’ve ever wondered whether it’s worth making overpayments on your mortgage, then new research1 could help you decide. The data shows the benefits of a monthly £10 overpayment with interest rates at their current low level and illustrates that even modest overpayments can make a difference to the day when borrowers become mortgage free. If […]
Spouses unnecessarily paying tax on inherited ISAs
Data1 shows that six out of seven bereaved partners could be paying tax unnecessarily on ISA savings they inherit. Since April 2015, bereaved spouses or civil partners have been entitled to an extra ISA allowance. This is achieved by what’s called an Additional Permitted Subscription (APS). If the investor died before 6 April 2018, the APS […]