Rebecca Goodman

Rebecca Goodman

Our NerdWallet research has discovered the cheapest car to run, that you could make savings of up to £76,420 over five years by switching to electric vehicles, and that fossil fuel cars lose their value much quicker than electric cars. Learn how popular cars stack up against electric vehicles.

Rebecca Goodman

Applying for a credit card is pretty straightforward, but you might need a little help finding the right card and knowing how applying can impact your credit score. We’ll explain the steps and what you need to know.

Rebecca Goodman

Universal credit is a means-tested benefit for people without an income or for those on a low income. Read on to learn who is eligible for the benefit, how much the payment will be and how to apply.

Rebecca Goodman

National Insurance is a tax paid by most UK workers. Read on to learn about National Insurance including what it pays for, how to find your National insurance number, where to check how much you’ve paid, and how contributions could impact your State Pension.

Rebecca Goodman

If you’re having problems with your tax return it can be very stressful. Read on to learn who can help if you’re having tax return issues, what the most common tax problems are, how to appeal a tax decision and what to do if you can’t pay your tax.

Rebecca Goodman

If you are self-employed, earn income from an additional revenue stream, or claim some benefits then you may need to file your taxes. Read on to understand when the tax season is, how to prepare your taxes and how long it could take to complete them.

Rebecca Goodman

A tax advisor or accountant can file your tax return for you, taking a lot of stress out of the process, but using them can come at a price. Learn the benefits and cost of using one.

Rebecca Goodman

A credit card can be a cost-effective way to borrow money, giving you the flexibility to pay for things you otherwise might not be able to afford at the time. However, debts can quickly mount up. Discover how credit cards work, including the main types and how much a credit card could cost you.

Rebecca Goodman

A cash ISA transfer lets you move your tax-free savings into a new account with a higher interest rate. By following the right process you can transfer your money from one cash ISA into another, or move your money into a stocks and shares ISA.

Rebecca Goodman

A regular saver ISA lets you put away money each month, up to a limit, and earn tax-free interest on the cash.

Rebecca Goodman

A fixed rate cash ISA is a tax-free savings account where you are paid a set rate of interest for locking your money away over a fixed period.

Rebecca Goodman

An easy access cash ISA lets you earn interest without paying any tax and you can withdraw the money whenever you need to without penalty.

Rebecca Goodman

When you leave a job you will be given a P45 form which shows how much you have earned and how much tax and national insurance you have paid.

Rebecca Goodman

The SA100 form is filled in by those who are self-employed or have more complex finances and need to report their income to HMRC and calculate their tax bill. You may more commonly hear form SA100 referred to as a tax return or self-assessment form.

Rebecca Goodman

One of the most common tax forms is a P60 and it shows how much you have earned and how much tax you have paid in the previous year.

Rebecca Goodman

To pay income tax in the UK you may need to fill out a tax form, either online, by post, or in person.

Rebecca Goodman

CHAPS is the UK payment system used for transferring large sums of money which are cleared on the same day. We explain how it works and when to use the service.

Rebecca Goodman

There are several different ways you can send money to a person or business overseas including using your high street bank, a foreign exchange broker, or a money transfer firm.

Rebecca Goodman

A Bacs payment, also known as Bankers Automated Clearing Services, is one of the most well-known types of bank transfer in the UK.

Rebecca Goodman

The faster payments service speeds up the process of transferring money from one account to another, so it can be available in another bank account in a few hours.

Rebecca Goodman

Using a credit card can be one of the cheapest ways to spend money overseas, as long as you pick a card with no fees and clear the balance each month.

Rebecca Goodman

Using a travel credit card is one of the cheapest ways to spend money abroad because it shouldn’t charge extra fees for transactions or withdrawals.

Rebecca Goodman

Using a travel credit card is one of the cheapest ways to spend money abroad because it shouldn’t charge extra fees for transactions or withdrawals.

Rebecca Goodman

A prepaid travel card lets you load money onto it before you set off, and then you use it to pay for things while you're abroad.

Rebecca Goodman

Debit lets you use and access money you already have. Credit lets you borrow money that you’ll later pay back.

Rebecca Goodman

A cash advance credit card allows you to withdraw money up to a specific limit. But fees and high interest rates can make it a costly option.

Rebecca Goodman

A money transfer credit card puts cash straight into your account. It lets you borrow at 0% interest for a set amount of time by charging a fee to do so.

Rebecca Goodman

Using a cashback credit card for everyday purchases can earn you cash rewards.

Rebecca Goodman

Tax relief allows you to pay less or earn money back from the government. We explain key tax relief types and how to put in your claim.

Rebecca Goodman

The UK has two main rates of income tax: 20% and 40%. We explain these different income tax brackets and the allowances you may be eligible for.

Rebecca Goodman

Income tax is charged on most forms of income, but the way you pay depends on your employment.

Rebecca Goodman

With the pay-as-you-earn (PAYE) system, your employer deducts income tax and national insurance from your salary.

Rebecca Goodman

Tax codes are used to calculate how much income tax you must pay. It's important to check to make sure your code is correct.

Rebecca Goodman

Self-employed workers or those with additional income streams must pay income tax by filing a self-assessment tax return.

Rebecca Goodman

UK income tax is typically paid through the pay-as-you-earn (PAYE) scheme, but additional tax payments, including the self-assessment payment, can also be paid online.

Rebecca Goodman

There are several different charges and fees attached to credit cards, but all cards have an annual percentage rate, known as the APR.

Rebecca Goodman

Mobile payment apps turn your smartphone into a wallet. Learn how to find a safe, secure app so you can start transferring funds and making contactless purchases.

Rebecca Goodman

Contactless payments make daily transactions easier by allowing you to hover your card or device over the payment terminal.

Rebecca Goodman

Standing orders send payments arranged by you. Direct debits are collected by the person or company you are paying.

Rebecca Goodman

Online banking puts you in control of your finances. Most banks in the UK offer this service, and it can be quick and easy to get started.

Rebecca Goodman

Cheques account for only 1% of payments in the UK, but if you need to write one you must do it correctly so a bank does not reject it. Our guide will show you the basics.

Rebecca Goodman

The Current Account Switch Service will switch your current account and any regular payments automatically within seven working days and provides guarantees if something goes wrong.

Rebecca Goodman

An overdraft can be an arranged or unarranged loan you take through your current account when you’re out of money. An annual interest rate will apply when you borrow

Rebecca Goodman

You can apply to open a current account online, over the phone or in a bank or building society branch with a form of ID and proof of address, and you’ll need to be 16 or older in most cases.