{"id":40635,"date":"2017-01-14T14:00:19","date_gmt":"2017-01-14T07:00:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/10-ways-to-cut-your-tax-bill\/"},"modified":"2017-01-14T14:28:30","modified_gmt":"2017-01-14T07:28:30","slug":"10-ways-to-cut-your-tax-bill","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/10-ways-to-cut-your-tax-bill\/","title":{"rendered":"10 ways to cut your tax bill"},"content":{"rendered":"


\nIt\u2019s a job we dread \u2026 filling in a tax return before the 31 January deadline. But here\u2019s how to reduce what you owe For many people this month means tackling one of the dreariest jobs of the year \u2013 filling in a tax return ahead of the 31 January deadline. But there are numerous ways that you can legally reduce your bill by using rebates and allowances, without resorting to dodgy tactics. Some are new tax breaks that have only come into force in recent years, while others have always been available but are little known.1 The marriage allowance \u2013 save up to \u00a3432 This works if one person in a couple is a low earner, but millions of people are failing to take it up. Since April 2015 couples in which one person pays no tax because their income is less than the personal allowance (currently \u00a311,000) have been able to transfer \u00a31,100 of that allowance to their tax-paying partner. The rebate is worth \u00a3220 a year. It only applies if the earning partner (married or civil partnership) earns \u00a311,000-\u00a343,000. So far it has only been taken up by 1.3 million of the eligible 4.2 million people. Applicants can backdate their claim to the previous tax year, and receive a payment of up to \u00a3432. Continue reading…
\n
\nSource : theguardian.com
\nRead more…10 ways to cut your tax bill<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s a job we dread \u2026 filling in a tax return before the 31 January...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-40635","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-azp","jetpack-related-posts":[{"id":2256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/marriage-tax-allowance-how-does-it-work\/","url_meta":{"origin":40635,"position":0},"title":"Marriage tax allowance: how does it work?","date":"February 20, 2015","format":false,"excerpt":"\r The new allowance comes into force in April 2015 and could save married couples up to \u00a3212 a yearRegistration has opened for the new marriage tax allowance \u2013 a Conservative policy which will allow some couples to share part of their annual income tax allowance. The allowance, which David\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47669,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/isas-back-in-favour-after-tax-allowance-hike\/","url_meta":{"origin":40635,"position":1},"title":"Isas back in favour after tax allowance hike","date":"March 11, 2017","format":false,"excerpt":"\r The cut to share dividends from next year looks set to revitalise Isa saving, and the government has raised the allowance from \u00a315,240 per person to \u00a320,000A new tax-free Isa allowance that comes into force next month will allow wealthy couples to put more than \u00a370,000 beyond the reach\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-flat-sale-has-been-delayed-by-the-governments-freeze-on-the-market\/","url_meta":{"origin":40635,"position":2},"title":"My flat sale has been delayed by the government's freeze on the market","date":"April 13, 2020","format":false,"excerpt":"\r Everything was ready to go, but the buyer wants to delay because of the coronavirus adviceQ This is an awfully privileged question and I\u2019m sure many will view my situation with glee. I am an \u201caccidental\u201d landlord. In order to be chain free when buying a home with my\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8242,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-and-traders-receive-2000-tax-allowance-to-boost-sharing-economy\/","url_meta":{"origin":40635,"position":3},"title":"Landlords and traders receive \u00a32,000 tax allowance to boost 'sharing economy'","date":"March 16, 2016","format":false,"excerpt":"\r Property and trading income will be included in the tax-free allowance for individuals from April 2017, the Chancellor has announcedOnline merchants and short-term landlords were given a gift in the budget, with two new \u00a31,000 tax-free allowances offered on income from those sources.Intended to boost the number of \u201cmicro-entrepreneurs\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7734,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/personal-savings-allowance-changes-should-i-still-get-a-cash-isa\/","url_meta":{"origin":40635,"position":4},"title":"Personal savings allowance changes: should I still get a cash Isa?","date":"March 12, 2016","format":false,"excerpt":"\r The new allowance will let most people earn up to \u00a31,000 a year in interest tax-free. For many, the cash Isa could become pointlessNext month will see a revolution in how your bank and building society accounts are taxed. Until now, your account provider has automatically whipped 20% from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7928,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-lodger-allowance-that-could-make-your-spare-room-a-money-spinner\/","url_meta":{"origin":40635,"position":5},"title":"The lodger allowance that could make your spare room a money-spinner","date":"March 14, 2016","format":false,"excerpt":"\r The tax-free sum you can earn from renting is set to soar \u2013 and homeowners aren\u2019t the only ones who could benefitWhen it comes to making a stack of cash from property, most of us think of buy-to-let landlords. But your own home could provide a significant income boost,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40635"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=40635"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40635\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=40635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=40635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=40635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}