HMRC
Making sense of UK Umbrella Contract Rates
A deep-dive into rates and taxes when working through Umbrella companies
Sam Brown
Founder of Saving Tool UK
HMRC
May 2024 Saving Tool UK Update
Today, we are pleased to share several updates for Saving Tool UK. 2024/25 Rates Applied Following on from the January 2p cut, the April 2024/25 2p National Insurance cut has now been applied to the Saving Tool Advanced simulation and the Saving Tool UK Tax Calculator. All scenarios
Saving Tool Advanced
Introducing Saving Tool Advanced
Saving Tool Advanced is a new tool that builds on the foundations of Saving Tool UK. It delivers substantially improved detail and deeper insights thanks to a redesigned input and simulation system, making it the UK's most comprehensive personal finance tool. 0:00 /0:21 1× The Saving
National Insurance
January 2024 National Insurance Tax Cut
💡April 2024 Update: Note that National Insurance was cut on two separate occasions in 2024. This article refers to the first 2p cut that took place in January 2024. Starting 6th Jan 2024, around 27 million employees in the UK will pay 2% less national insurance contributions thanks to a
S&S ISA
Putting your money to work in 2023: Which investments make the most sense for UK investors?
Investing is not just for the wealthy or financial experts. With the right knowledge and resources, anyone can become an investor and put their savings to work. Whether you're looking to achieve a specific goal, secure your financial future, or simply put your idle funds to use, investing
Retirement
Why a Stocks and Shares ISA Should Be Part of Your Investment Portfolio
Are you tired of watching your savings collect dust in a traditional savings account? It's time to consider a stocks and shares ISA as a way to potentially grow your wealth over time. These ISA accounts offer a range of tax benefits, making them an attractive option for
Pensions
Pension Planning 101: The Importance of Starting Early and Maximizing Contributions
Paying into a defined contribution pension plan earlier in life can reap significant rewards in the long term, and on SavingTool.co.uk, you can test out your own scenarios to see how much you could benefit. 💡Disclaimer: the examples in this article use tax rates and rules that are