Mosaac Financial Blog

‘Tick the Gift Aid’ box to boost your donation to charity and save some tax. The number of national and international calls on our goodwill to donate to causes has grown in the last few years. You are probably familiar with the ‘Tick the Gift Aid’ box, or a request to sign a declaration, when you donate to charity. As a rule, it makes sense for you and the charity to do so. This simple step could mean a £100 gift costs you only £40 (or £32.50 in Scotland). When donating with

New data from HMRC show growing numbers of income taxpayers paying above the basic rate. Source: HMRC The club that all members want to leave, the income tax playing club, is gathering ever more members who are paying every greater subscriptions. That, at least, is one way of looking at some updated statistics which HMRC published in the final week before the election. Curiously, the main parties ignored the data, reinforcing what the independent Institute for Fiscal Studies

Do you dream of retiring much earlier than your peers? Many ideas which originated in the US have made their way across the Atlantic. The latest financial innovation to join index-tracking investments, budgeting apps and exchange traded funds is the FIRE movement – Financial Independence, Retire Early. If you are a millennial or a member of Gen Z (born between 1997 and 2012) and not enjoying your working life, then FIRE has an obvious appeal. At the most extreme are people in