Fixed Deposit As A Financial Instrument

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. It is known as a term deposit or time deposit in Canada, […]

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State Pension Top Up Scheme

Not many people know this, but you can use the state pension top up scheme to increase your pension from between £1 and £ £25 a week depending on how much you pay in and your date of birth. The good thing about this scheme is that the increase in the state pension that you […]

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Don’t Get Caught By HM Revenue & Customs Let Property Campaign

HM Revenue & Customs started in September 2013 to target those who receive rental income without a declaration for income tax purposes on the grounds that the treasury was loosing an estimated £550M a year in tax revenue. As a result, it is unwise to be in receipt of rental income and not declare such […]

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Top Ten Common Tax Return Mistakes That People Make

It has always been an option for people to file their own tax return rather than get someone else like a tax accountant to fill it in for them. However with the advent of the internet and online filing system more people than ever before now file their own tax return via the HMRC online […]

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