In For A Penny
Let’s talk about tax Harry!

Let’s talk about tax Harry!

January 13, 2020

In the week that Prince Harry and Meghan Markle announced they want to step back as senior royals and become financially independent, Marc Shoffman and Joshua Gerstler explain what the pair and others need to know about income tax.

What is a tax band?

Why do we pay income tax?

What are the different income tax rates?

How to reduce your income tax bill

How a round of beers explains how the tax system works

Show links

Here are some links to subjects we discussed in this week's show so you can find out more.

Tax rates

Beer and income tax

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

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Is it ever ok to steal from work? | What you need to know about APRs

Is it ever ok to steal from work? | What you need to know about APRs

January 6, 2020

Alien Concept: APR

Marc & Josh discuss the meaning behind the term APR and if there is a better definition.

What does APR stand for?

What products does it apply to?

Why should you worry about it?

Penny for your thoughts: Is it ever ok to steal from work?

Obviously any criminal activity in the workplace is wrong, but is there flexibility if you ever want to take home a pen, post-it note or an envelope? 

Plus, we try Toast Ale, which is beer made using leftover fresh bread!

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

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@inforapennypod1

How much should I be paying my financial adviser? Why you should look beyond the fees

How much should I be paying my financial adviser? Why you should look beyond the fees

December 16, 2019

Marc Shoffman and Joshua Gerstler discuss adviser charging models.

What are the different ways to pay for financial advice? 

Why is it better than the old commission-based system?

Why it is important to look beyond the price.

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

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Inheritance tax issues: How to shield your estate from the taxman

Inheritance tax issues: How to shield your estate from the taxman

December 9, 2019

Inheritance tax is paid by fewer than 5% of estates yet is one of the most controversial taxes. Marc Shoffman and Joshua Gerstler discuss inheritance tax and how to reduce your estate's bill.

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

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Android devices:

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@inforapennypod1

 

Probate problems? How to deal with a loved one’s estate when they die

Probate problems? How to deal with a loved one’s estate when they die

December 2, 2019

Marc Shoffman draws on the death of his dad to discuss with Joshua Gerstler the process of taking control of someone's estate, known as probate.

How much does probate cost?

Why do you need it?

How to apply?

How long should it take?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

Related links from this episode:

Death notification service

Tell us once

How to leave a review

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@inforapennypod1

 

Confessions of a personal finance journalist: How the ‘money savvy’ manage their money

Confessions of a personal finance journalist: How the ‘money savvy’ manage their money

November 25, 2019

Joshua Gerstler puts co-presenter Marc Shoffman under the spotlight to find out his best money saving tip, financial regrets and what he would do if he won the lottery.

How would you respond to our quick fire financial questions?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

  • Launch the Apple Podcast app on your smartphone
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Android devices:

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@marcshoffman

@joshgerstler

@inforapennypod1

 

 
 
Behind the scenes at Paragon Banking Group

Behind the scenes at Paragon Banking Group

November 11, 2019

Marc Shoffman and Joshua Gerstler meet Paragon Banking Group business development manager Jason Wilde to discuss how the buy-to-let market has changed since the 90s boom through to the lender's exit from the market and its subsequent return, plus his early life as a lifeguard and love for Sheffield Wednesday (well someone has to).

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

  • Launch the Apple Podcast app on your smartphone
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Android devices:

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@marcshoffman

@joshgerstler

@inforapennypod1

 

How insurance can help protect your business and staff

How insurance can help protect your business and staff

October 14, 2019

In the fourth and final part of a series focused on insurance, Marc Shoffman and Joshua Gerstler discuss business protection.

What is the most important company asset?

How can keyman insurance, shareholder protection and relevant life cover can help protect your business?

How much does it cost and what is the best way to apply?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

  • Launch the Apple Podcast app on your smartphone
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Android devices:

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@marcshoffman

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@inforapennypod1

Protection series episode 3: Breaking through the insurance jargon

Protection series episode 3: Breaking through the insurance jargon

October 7, 2019

From level term to loaded premiums, there is plenty of jargon in the world of protection.

In the third of a series dedicated to the insurance market, Marc Shoffman and Joshua Gerstler discuss the most common protection terms.

Do you know your level term from your indexation?

What is the difference between joint and single-life policies?

Are insurance payouts tax-free?

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

  • Launch the Apple Podcast app on your smartphone
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Android devices:

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@marcshoffman

@joshgerstler

@inforapennypod1

 
 
Protection series episode 2: How to apply for insurance

Protection series episode 2: How to apply for insurance

September 30, 2019

In the second of a series dedicated to protection, Marc Shoffman and Joshua Gerstler discuss the insurance application process.

The importance of being honest on your application.

Should you apply for insurance through an adviser or direct?

What documents do you need when applying for life insurance, income protection or critical illness?

 

About us

The In For A Penny podcast is produced and presented by freelance personal finance journalist Marc Shoffman and The Orchard Practice financial planner Joshua Gerstler.

Each episode aims to address the confusing concepts and challenges from the world of business, finance and wider society.

How to leave a review

Apple devices:

  • Launch the Apple Podcast app on your smartphone
  • Search for the In For A Penny Podcast
  • Click on the artwork and tap the reviews tab to leave feedback
  • Tap on the stars to leave a rating
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  • You may need to sign in to iTunes to do this

Android devices:

  • Download the Podbean app
  • Search for the In For A Penny podcast
  • Leave a review via the comments tab
  • You can also comment directly on our Podbean profile on a desktop computer

@marcshoffman

@joshgerstler

@inforapennypod1