top of page
Search
    • Mar 14

Tax On Interest

With interest rates rising in the last year, many older people will have received interest which is above their £1,000 Personal Savings Allowance and so may have a tax liability for the tax year which has just ended. 

 

It may be worth checking your position to make sure your tax affairs are up to date.

6 views

Recent Posts

See All

Could you be exempt from paying Council Tax?

With council tax charges rising its worth checking the situations when you might be entitled to an exemption. You won't pay Council Tax if: ·        you live in a care home ·        you are in hospita

Care Fees Increase by 20%

Care home fee inflation has exceeded 8% this year across both residential and nursing care – and fees are up almost 20% between 2021/22 and 2023/24. Source: Care Homes for Older People UK Market Repor

The Cost of Caring for Older Relatives

One in 10 of Britain's middle-aged people are supporting elderly relatives with care, at a cost of more than £12,000 a year on average, new research has revealed. The study found those aged 44 to 58,

bottom of page