News and Articles

Traveling offers the opportunity to explore new places, and to have new, exciting experiences. However, the costs associated with travel can often make it difficult to save enough money to cover the necessary expenses. This week we’re looking at a few ways to more...

In today’s financial landscape, there is huge amounts of pressure put on people, especially young people, to increase their credit score. Whether you’re applying for a mortgage or seeking a business loan, your credit score will come into play. It’s essential to...

Given that the tax rules sometimes seem like one compliance hurdle after another, it’s good to know that some of them can be used to benefit your employees. The ‘trivial benefits’ rules are an example. Correctly applied, they allow a benefit costing not more than £50...

Tax efficient remuneration To draw money out of your company, you will have been advised in the past to pay part as salary and the remainder by way of a dividend. Salary: Usually best set at a level high enough to qualify for State Pension but lower than the starting...

Owning a home is a significant milestone for many in the UK, but with rising property prices and stagnant wages, achieving this goal for millennials can be daunting. However, with careful planning and a strategic approach, millennials can make their dreams of...

In the face of an ongoing cost of living crisis, employees around the world are seeking new money saving methods. Baxterworld is here to help. This week, we'll look at 4 different tax tips, specifically designed to help employees to save money. Explore Tax Deductions:...

In business, the art of budgeting is a crucial skill for financial success. Well-structured budgets not only act as financial plans, but also provide a strategic framework for businesses to thrive. In this week’s blog we will delve into three key points regarding...

In the bustling hospitality world, being eco-friendly is not just good for the planet—it's a clever financial choice. This blog explores three simple strategies for businesses in hospitality to stay profitable while going green. Balance Profit and Planet Finding the...

The beginning of a new year presents us with the opportunity to reassess financial habits and commit to effective resolutions that lay the groundwork for a financially secure future. Two weeks ago we concluded that by setting achievable and impactful financial goals...

With interest rates rising, this is good news for savers, or is it? The tax implications of earning interest on your savings income should be looked at carefully, as those with savings begin to see a decent return. Non tax payers can use both their personal tax-free...

Financial Resolutions for 2024 When entering a new year, it's important to reflect on our previous financial decisions and where things could have been done differently. This week I'll share Baxterworld's methods of setting and sticking to financial resolutions, to...