The easiest way to improve your investment returns is to invest in a tax efficient account like a pension or ISA. These allow you to minimise your tax liabilities so that you get to keep more of the income and capital gains for yourself.
If you are saving for retirement the best option is normally a pension. These entitle you to full tax relief on contributions of up to 100% of your annual earnings or £40,000, whichever is the lower, unless you are a very high earner with income of more than £150,000 per annum.
by Evil Knievil| Evil Diaries|1 mins. to read Moody's have reduced the UK government's credit rating from AA1 to AA2. Their argument is that Brexit will make it harder for the UK to repay. This is surely nonsense since all the Chancellor of the day has to do is take out his pen and sign a few cheques. Any fool can do that since the Chancellor can be certain that HM Treasury's cheques will not bounce.
by Carl Shave| Economics|1 mins. to read Over the past decade, the peer-to-peer (P2P) lending sector has gone from strength to strength. A number of government measures have shown just how much they are behind the idea – not least with the introduction of the Innovative Finance ISA (IFISA) from April 2016.
Material contained within Master Investor Magazine and its website is for general information purposes only and is not intended to be relied upon by individual readers in making (or refraining from making) any specific investment decisions. Master Investor Ltd. does not accept any liability for any losses suffered by any user as a result or any such decision.
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