UK taxpayers out of pocket by £159 each year

Recent research shows that on average, UK taxpayers are overpaying tax by £159 because they’re not using all available tax reliefs and allowances. The main reasons for overpayment of tax are an underpayment of pension contributions (not using up all available tax relief) and overlooking ISAs which attract tax-free returns. For the current tax year, up to £40,000 can be … Read More