If you pay your tax through a self-assessment tax form – and over 12 million of us do – the news that the Government is effectively suspending the late payment fee for those who miss the January 31 deadline this year might seem like a licence to dawdle.
Hopes surrounding a new ‘Britcoin’ currency for the UK hang in the balance after the House of Lords decided that was “no convincing case” for a British digital currency.
The government recently approved new social care funding plans which could see some people able to keep more of their assets despite paying for care. Here are the answers to some of the most frequently-asked questions about the plans.
While it may be exciting for younger recipients to find a parcel under the tree, and teens often appreciate a gift card, considering a longer-term financial gift for younger people may reap dividends for the rest of their lives.
When we are managing our finances, most of us plan for the things that we expect to happen, such as university or school fees, or the need to fund our retirement.
The decision recently by MPs to back the government in scrapping the ‘triple lock’ on pensions should make everyone who is relying on the State Pension as part of their retirement plan sit up and take notice.
Many of us think that we are too savvy to be a pension scam victim, but the statistics show that it is surprisingly easy for even more sophisticated investors and savers to get caught out.
The UK’s ‘net zero’ strategy – a path aimed to get the nation to net zero carbon emissions by 2050, will have implications for all of our finances, whether we like it or not.
The Chancellor’s long-awaited Budget did not include some of the stings that many savers and investors feared, including lower thresholds before those realising gains paid capital gains tax and more restrictions on tax relief for pension savers.
