Money Talks

  Are you looking to know your UK tax code to avoid overpaying tax? Then you are in the right place. Understanding your tax code in 2025 is compulsory for UK workers, as it will help you determine your tax amount, PAYE, and pension. Tax bands In the UK, three tax bands are available, depending on the income. Personal allowance Most people can earn £12570 with no tax. This personal allowance will be reduced if an individual's income exceeds £100,000. The personnel allowance threshold is revised annually and set by the budget committee.   It is reviewed every year and is set by the Chancellor in the Budget.  Basic rate band Understanding the basic rate band helps you to manage your finances most efficiently. The earnings between £12,571 and £50,270 will be taxed at a rate of 20%. Higher rate band When income levels are between £50,271 and £150,000, individuals will pay tax at a higher rate of 40%. To ensure the management of taxable income, awareness of this...

In today's modern technological world, technology has become an essential part of our lives. From taking morning bed tea to the last dessert, we completely rely on technology. Among this robotic world, trading businesses have made significant progress, although they face a high barrier to entry. However, algorithmic trading has largely replaced human practices. Furthermore, it helps to obtain more profits than human practices can achieve. Algorithmic Trading? Algorithmic trading is a quantitative trading procedure. In this trading strategy, buying and selling are done according to specified algorithms. These are computer-oriented directions used for problem-solving. Computer programs are required to write and execute these algorithms and are built with complex higher-level algorithms. These automated systems execute the processes according to instructions preprogrammed into them. These algorithms incorporate high-frequency technology, enabling hundreds of thousands of execut...

  Blockchain technology What's blockchain? A blockchain is a distributed record that keeps a continuous increase of organised records called blocks. These blocks are connected using cryptography. Every block covers the previous block's cryptographic hash, transaction date, and timestamp. A blockchain is a decentralised, public digital ledger. It is used in transaction recordings among various computer systems. In this way, a record cannot be changed retrospectively without modification of the remaining blocks and the agreement of the network. Features of blockage technology The main features of blockchain technology are as follows: Features of blockage technology Shared ledger It's a distributed system for sharing records among business networks. In this ledger, Transactions will be recorded only once. It will eliminate the effort of duplication in the conventional systems. Decentralization In this component, control and decision-making ability are transferred from ce...

What's Budgeting   The process of planning, allocating resources, and managing expenditures is called the Budgeting method. It will help you to prioritize spending so you can keep a positive cash flow. The alignment between income, spending and saving is more important than number crunching. Sometimes, you make tough decisions and put limitations on your spending where you want. But it's most important to keep a close watch on your financial situation. Why are Budgeting methods required?   Budgeting methods help you to stay aligned with your means and further give control over your financial life by: ·        Tracking your spending habits ·        Giving your insight into the management of your spending habits ·        Supporting you in reaching your financial spending goals Budgeting according to different income levels Budgeting is like a restriction on your spending j...