Winter Fuel Payment and tax
The Winter Fuel Payment is a tax-free and provided by the Government to help older people keep warm during the winter. The amount of the payment depends on individual circumstances
Finance Bill 2019-20 shelved
The Government’s draft finance bill has been shelved as we countdown to the general election on 12 December 2019. The consultation on the draft legislation has closed, but
November Budget cancelled
Sajid Javid has cancelled the Budget that was due to be presented to Parliament 6th November.
As the UK will not be leaving the EU at the end of this month and as Boris Johnson is
Win while you save
HM Treasury has announced the trial launch of a new PrizeSaver account with participating credit unions. The new account was launched as part of the International Credit Union Day.
What is a reasonable excuse?
There are a number of options if you find yourself in disagreement with a tax decision issued by HMRC. As a first step, it is usually possible to make an appeal against a tax
Compensation limits for bank deposits
What happens if your bank becomes insolvent and you stand to lose any funds deposited?
The bank deposit guarantee limit is the amount of money that is guaranteed, for savers in UK
New £20 note unveiled
The Governor of the Bank of England, Mark Carney, has unveiled the design of the new £20 note featuring the artist JMW Turner. The new note will be launched on 20 February
Provisional date announced for Autumn Budget 2019
The Chancellor of the Exchequer, Sajid Javid, has announced that he is planning to hold his first Autumn Budget 2019 on Wednesday, 6 November 2019. However, this date is based on
Post Brexit funding announced
The Chancellor is set to announce a new package of measures to help the UK prepare for a post-Brexit future. We are told that these measures will also help to support the next
Loan charge review launched
The Treasury has announced that Sir Amyas Morse, the former Comptroller and Auditor General and Chief Executive of the National Audit Office (NAO), will lead an independent review