Your taxes and savings 2005-06: a guide for older people
- Author:
- LEWIS Paul
- Publisher:
- Age Concern
- Publication year:
- 2005
- Pagination:
- 207p.
- Place of publication:
- London
- Edition:
- 27th
Pensioners are losing many millions of pounds each year through saving badly and paying too much tax. The central theme of the book is to help them make the most of their money. The section on tax explains how much tax you should pay, how to avoid paying too much this year and how to claim it back from previous years with compensation or interest. It also warns about the most common hidden tax traps. The section on savings covers the wide variety of complicated savings products that are around and what risks and returns older people should expect from each. It also explains how to save money in simple ways, how to avoid wasting money in savings accounts that pay nothing, and how to get the best interest, even on a current account. There is also advice on the Financial Services Authority, how to complain, and how to get compensation.
- Subject terms:
- income, older people, taxation, economics;
- Location(s):
- United Kingdom
- ISBN print:
- 0 86242 407 0