Undoubtedly, online trading never sleeps. Amidst all this mad rush, Dot Big investments is here to stay, acting as a torchbearer in the industry, redefining standards and setting new benchmarks of excellence. Earning accolades and trust from traders across the globe, DotBig ensures its traders receive the very best from every one of their trading […]
Did you know that over 6 million homes in the UK fall into council tax band B? This encompasses a significant proportion of residential properties, with values ranging between £40,001 and £52,000 as of 1991. Understanding the nuances of council tax band B is crucial, as it can significantly impact your annual local tax obligations. […]
Did you know that over 8.1 million properties in the UK fall under council tax band A, the lowest tax bracket? This means that nearly a quarter of all domestic properties are valued at £40,000 or less in England, and £44,000 or less in Wales, making council tax band A an attractive option for those […]
As homeowners or tenants, understanding the intricacies of council tax bands is crucial since these billing codes play a significant role in how local government tax is calculated on your dwelling. In the realm of domestic tax rates, the valuation of your property isn’t simply a matter of current market prices. Rather, it’s tied to […]
Did you know that in the UK, over £30 billion worth of assets are financed through leasing each year? This staggering figure highlights the significant role that finance leases play in enabling businesses to access the essential equipment and vehicles they need without a large upfront capital outlay. But what exactly is a finance lease, […]
Did you know that the UK is the second-largest market for corporate finance in Europe? With a staggering £1.5 trillion in merger and acquisition deals recorded in 2021, the importance of corporate finance in the UK cannot be overstated. Corporate finance lies at the heart of business operations in the UK, encompassing the financial activities […]
Did you know that an astonishing £6 billion in inheritance tax was collected in the UK in the year 2021-2022? This staggering figure highlights the significant impact inheritance tax can have on families’ wealth when a loved one passes away. When the second parent in a married couple or civil partnership dies, their estate may […]
Did you know that the average Inheritance Tax (IHT) bill in the UK is a staggering £179,000? This eye-opening statistic highlights the significant impact that IHT can have on families and the importance of understanding the threshold and planning accordingly. In the UK, IHT is a tax levied on the estate (property, money, and possessions) […]
Did you know that the UK government collects over £6 billion annually from vehicle excise duty, more commonly known as ‘road tax’? This staggering figure highlights the importance of understanding the road tax cancellation process, especially if you’re selling your car, taking it off the road, or encountering other changes in your vehicle’s status. In […]
Did you know that the UK government’s HM Revenue and Customs (HMRC) processes over 30 million tax returns each year? Navigating the complexities of personal taxation can be daunting, but the personal tax account (PTA) offers a streamlined solution to managing your tax affairs online. This digital service puts you in control, allowing you to […]