Personal Finance Hub

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.

Hannah Smith

Notice accounts are savings accounts offered by banks that require advance notice before the day you want to withdraw.

Rachel Lacey

In this article, our NerdWallet research examines how much consumers plan to spend on Christmas presents in 2020, how they’re paying for them, and how spending compares to 2019 – alongside practical ways to save on Christmas presents and how to say when you can’t afford to buy presents.

Whatever your age and fitness level, an activity tracker or smartwatch can be useful. But what Fitbit tracker suits you will depend on your budget and desired features.

Ruth Jackson-Kirby

Aim to find an instant access account that allows your money to grow and offers a competitive interest rate even after an introductory bonus period.

Ruth Jackson-Kirby

Opening a regular savings account requires minimum savings each month, and you’re offered a top interest rate in return. Learn what’s required and how to compare the best options.

Ruth Jackson-Kirby

Credit unions are co-operatives that provide loans and savings accounts to members, and your employer or trade union may have an affiliation or you can search for one online.

It is best to exchange currency in the UK through a major bank, post office or online foreign exchange specialist, for example, before you embark on your journey and not last-minute at an airport.

John Ellmore

‘Should I pay off my student loan early?’ This is a question that has passed the lips of pretty much every graduate. Most of us are not sure of the pros and cons of paying back our loans early. It all hinges on when you studied and how much you earn.

John Ellmore

Putting money aside in an emergency fund can help you pay for inevitable, yet unforeseen costs, such as a broken boiler, a damaged car or months of unemployment. Get started with our guide to setting up an emergency fund.

John Ellmore

You could use the credit from a personal loan to fund a big purchase like a holiday or new car, or to consolidate debt to improve your financial position.

John Ellmore

Weddings are joyous, once-in-a-lifetime occasions—but they’re also massive financial commitments. Just how much do they really cost, and what plans can you make to pay for yours?

John Ellmore

Do you have some financial skeletons in your closet? All is not lost! We’ve got some top tips to help you rebuild your personal credit history and get back on track.

John Ellmore

As an approach to life, minimalism is most commonly considered a way of reorganising your home—but its principles can just as effectively help you reorder your finances.

John Ellmore

It’s far easier to teach your children about money than you might think—and it can prove hugely beneficial for them in the long run.

Peter Adams

Credit checks play an important role in determining what finance you can access and at what rates. Take some time today to understand exactly what credit checks are, how they can impact your finances, and the benefits of having a good credit score.