UK News

With the average British household now paying £1.1 million in taxes over their lifetime, Perrys Chartered Accountants provides its six top tips to make sure you aren’t overpaying.

1. Check your tax code

If you’re a full or part-time employee you’re likely to be paying tax via pay-as-you-earn (PAYE). This means your income tax is deducted at source and goes straight to HMRC. Your tax code is essentially a few numbers and a letter, for example 1257L, and it’s shown on your payslip. Those few digits can make quite a difference to the amount of tax you’re paying, and it’s...

The number of people trading in cryptocurrencies has significantly increased over the past few years. Cryptocurrencies like Bitcoin, Ethereum, and Litecoin have received a lot of attention from investors because of their ever-increasing values. The exponential increase in cryptocurrency prices has prompted many to invest in these digital coins. In recent times, it is being said that investing in Cryptocurrencies is a better and safer option than investing in traditional stocks.

It didn't take long for individuals to identify the advantages of using cryptocurrencies when trading,...

Bitcoin was created in 2009 by Satoshi Nakamoto, who proposed an electronic payment system based on mathematical proof. The idea was to create a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees. You can also gain knowledge from Bitcoin Pro .

Bitcoin caught on slowly at first. But its popularity has exploded in recent years as its value has increased dramatically. In January 2017, one Bitcoin was worth about $1,000. By December 2017, its value had reached nearly $20,000. As of February 2018, it was...

It seems that not so long ago the phrase "child millionaire" or "teenage millionaire" sounded like something unreal, incomprehensible and simply unimaginable. But now it’s quite commonplace. For example, young Christian Owens earned his first million before his sixteenth birthday, and founded his first company at the age of 14. And Emil Motica opened his own lawn-mowing business at the age of 9. At 13, he received an $8,000 loan to buy a commercial lawn mower, and by the age of eighteen, he had already opened Motycka Enterprises, which today brings him millions in income.

There...