Tag: tax
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What the mini budget means for your personal finances
The new UK government has unveiled its economic plans to help the country recover financially. The so-called mini budget revealed a raft of measures that will impact most of us. But, what does the mini budget mean for your personal finances? Read on to find out… Disclaimer: This is not meant to be a comprehensive […]
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Should you worry about rising interest rates?
Interest rates are rising as central banks look to combat soaring inflation. In the UK rates now stand at 1%. But what does this mean? And should you worry about rising interest rates? In this post I’ll cover: What are interest rates? The impact on mortgages Rising interest rates and credit cards The impact on […]
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Spring Statement: Are tax cuts really coming?
Rishi Sunak has just delivered his Spring Statement to the House of Commons, detailing his economic plans for the UK. He heralded record “tax cuts” but are tax cuts really coming? Amid the cost of living crisis, there was a lot of speculation about the this Statement. Many were hoping Chancellor Rishi Sunak would “pull […]
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The Twenty Percent – February update
February was quite a month, for The Twenty Percent, personally and globally. It’s heart breaking to see the events unfolding in Ukraine. Writing a normal update post feels strange, given so many are living anything but a normal life right now. The ability to sit down and write in peace is something I won’t take […]
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UK side hustle taxes – What you need to know
For this post of UK side hustle taxes I have handed over to Jack from Making Tax Simple. Jack is an ATT qualified tax adviser aiming to help make tax simple for people of all ages and incomes. He started working in tax over 2 years ago and has been gaining knowledge of the subject […]
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4 reasons why young people should invest
For this post I have enlisted the help of Haydn from Perpetual Prudence. He will be talking about the main benefits of starting investing early, both financial and non-financial, and why young people should invest as soon as possible! I know what you’re thinking. You don’t need to worry about investing – that’s something for […]
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5 easy ways to save for your first home
One of the most common money goals for people in their 20s is to get on the property ladder. But getting a deposit together is proving harder and harder. If you’re finding yourself in this position, then try these 5 easy ways to save for your first home. Sadly, without a lottery win or a […]
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Can I pay for Christmas solely by freelancing?
Christmas is expensive. Hardly a ground breaking observation, but it’s true. Normally, I keep a strict budget. I know exactly how much money comes in and out each month. Christmas is a bit different. I enjoy treating my friends and family. Currently I’m very lucky and have a bit of spare income each month so […]
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2021 Budget – Will you be better or worse off?
We haven’t been short of financial announcements from the UK government this year, but the 2021 Budget is the most important. In this post I will run through some of the most important announcements for you. With rising inflation, increasing energy costs and an uncertain economic future means people are increasingly worried about their financial […]
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Chesham and Amersham by-election – Reform UK
This post marks the start of my by-election series where I will interview the candidates standing in Chesham and Amersham this month. To kick off the series, we have a local candidate and the leader of the national party. I sat down with Alex Wilson, the candidate, and Richard Tice, leader of Reform UK. This […]