Simple ways to boost your bank balance
Here are a few things you should consider doing at the start of the tax year…
1
Increase your pension contributions, even if it is by a small amount. Indexing your contributions will make a hugely significant difference over time.
2
Try to start saving into an ISA for your more medium-term goals.
3
Review your earnings and assess if you can claim the Marriage Allowance.
4
If your income is near £50,000, making pension or charity contributions could help your child benefit claim.
5
Go online – or complete a BR19 – to obtain a state pension forecast.