To be honest, his is the first time ive really thought about this in any detail.
I am a single guy, earning 20k, renting a room in an apartment, just
I reckon im taxed about 252 per month, giving me a net wage of £15320. Once I deduct expenses + savings, im left with about £440/month for day to day living, food, luxuries etc.
Is there anything I can do to claw back some of the money I pay to mr taxman? I have no exceptional circumstances but I would like to make sure im giving as little as possible over as tax. Can I claim back tax on any of my motoring expenses (maintenance, car tax etc)?
We are also looking at private healthcare in work. Will this offset any of the national insurance I currently pay?
Any and all opinions would be welcomed!