Financial knowledge/literacy simply means understanding how money works in everyday life. You don’t need to be an expert, but having the basics makes a big difference. Remember: the more you learn, the more confident you’ll feel making financial decisions.
Have you ever felt that there are no pension options when you are no longer full-time employed? Although workplace pensions are the most common way of contributing towards your pension, private schemes are also available and can provide flexibilities to enjoy. NEST is one of the safe pension schemes that support the self-employed with their […]
Budgeting is one of the most important skills for managing money, and the good news is — it doesn’t need to be complicated. At its core, a budget is just a plan that shows how much money comes in and how it is spent each month. Here’s why it matters: 1. Understanding Where Your Money […]
On 7 August 2025, the Bank of England reduced the base interest rate to 4.00% from 4.25%. The aim is to support the economy by making borrowing cheaper. But what does this actually mean for everyday people in the UK? Let’s break it down in simple terms. 1. Impact on Debt (Mortgages, Loans, Credit Cards) […]
To calculate the business expense for a director’s use of a personal vehicle for business journeys in the UK (tax year 2025/26), use the HMRC Mileage Allowance Payments (MAPs). This method reimburses a fixed rate per business mile and is straightforward, tax-free up to the approved rates, and covers all operating costs (fuel, maintenance, insurance, […]
- 1
- 2