FROM Saturday, millions of Brits will get a hefty pay rise thanks to changes to the ways that tax is calculated. April 6 is the beginning of a new tax year and new rules mean that most of us can take more of our pay home tax-free. As a result, even if your salary stays the same - you'll end up with more cash in your pocket each month. For someone on the average UK salary - which the ONS says is £29,588 a year - this means an extra £155 of take-home pay a year. Sarah Coles, a personal finance analyst explains: "Normally if you’re getting excited about tax thresholds, it’s usually a good sign you ought to get out more. However, this tax year, big rises in income tax thresholds are great news for millions of people – who’ll pay up to £520 less tax. "The National Insurance thresholds are moving too, which will eat into some of the gains, but will still leave us better off overall. So even if tax changes don’t usually float your boat, the … [Read more...] about Millions of Brits to get a pay rise this weekend – new calculator works out how much you’ll get
How much annual leave do i have
Kailey Fralick The Motley Fool Published 6:00 AM EDT Mar 19, 2019 You've drawn up a retirement plan, you're saving each month, and you think you're on track for your financial goals. But even the best-laid plans can go wrong. If you're forced to retire sooner than expected, you could struggle to support yourself on a smaller nest egg that now has to last years longer. It's more common than you think: 37 percent of people retire earlier than planned, according to the Center for Retirement Research (CRR) at Boston College. Below, I explain common reasons people are forced to retire early and what you can do to prevent an unplanned retirement from threatening your financial security. Common causes of unplanned retirement The CRR study cites three main reasons people are forced to retire early. The first is poor health. While you may plan to work until age 65 or 70, a crippling illness or injury could prevent that. You'd lose months or years of income and be forced to tap your … [Read more...] about Retirement planning: How to handle leaving work earlier than thought
0 Have your say Allowances for members of Lancashire County Council will be frozen for the next twelve months - but calls by a handful of councillors for them to be cut were rejected. The authority voted to forego the annual two percent rise in the basic rate of £10,675 paid to all county councillors and also to scrap payments made for meals.But a suggestion by two independent members that councillors should not be able to claim travel expenses to get to and from County Hall sparked a staunch defence from the Conservative and Labour groups of the work which councillors do.Paul Greenall said he wanted “politicians [to] be treated in the same way as members of the public” and claimed up to £30,000 could be saved by changing the rules.“County Hall should be regarded as a person’s normal place of work. That’s what happens in the real world and that’s what we get the basic allowance for.“I probably spend … [Read more...] about How much is a councillor’s work worth?
The Big Interview with Mark Dowds: 'I left my father's business to become a missionary as I have always had the urge to give back' BelfastTelegraph.co.uk On paper, Mark Dowds is every inch the Silicon Valley success story, but getting to where he is today makes for a humbling read. https://www.belfasttelegraph.co.uk/business/big-interview/the-big-interview-with-mark-dowds-i-left-my-fathers-business-to-become-a-missionary-as-i-have-always-had-the-urge-to-give-back-37590284.html https://www.belfasttelegraph.co.uk/incoming/article37591870.ece/c1669/AUTOCROP/h342/Mark%20Dowds%2010.jpg Email On paper, Mark Dowds is every inch the Silicon Valley success story, but getting to where he is today makes for a humbling read. Mark, co-founder and chief strategy officer of Trov Inc, one of the world's fastest growing Insurtech companies, and co-founder of tech hub, Ormeau Baths, is a philanthropist at heart. His success, it would seem, is a by-product of his "roundabout" desire to help … [Read more...] about The Big Interview with Mark Dowds: ‘I left my father’s business to become a missionary as I have always had the urge to give back’
SAVVY workers can bag 18 days off in a row with just nine days of annual leave using a nifty bank holiday hack. Put in your leave requests now to get ahead of your colleagues as you can cleverly double your holiday allowance by taking key dates in April and May next year. By requesting leave over key Easter and May Day bank holiday dates, you can give yourself nearly three full weeks off work while still getting paid. Monday to Friday workers can pull off the trick by requesting holiday between the Easter Monday and May Day bank holidays. By taking the nine working days off between those dates, you will be off work from Good Friday on April 19, 2019, until after the May Day bank holiday on May 7. This year the dates weren't close enough to pull off the annual leave hack, but next year the bank holidays are close enough together for the trick to work. When do the 2019 bank holidays fall?WITH a bit of planning you can double your holiday. Here's how it works:: Easter 2019 - Take nine … [Read more...] about How to get 18 days off work by just taking nine days of annual leave next year