Inheritance tax loophole could save millions of Brits from 40% death duty | Personal Finance | Finance

Rachel Reeves‘ Budget has left millions of UK residents questioning whether to make the move to retire abroad. Well, a certain change to non-dom rules may now be the push they need to take the plunge if they want to avoid paying inheritance tax (IHT). The Autumn Budget saw a major change to Brits with a ‘domicile’. Historically, those More...

by Larry Pham | Published 4 weeks ago
By Larry Pham On Tuesday, November 26th, 2024
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Underused HMRC tax break can help older Brits easily knock £252 off bills | Personal Finance | Finance

Around 2 million people in Britain qualify for an underused tax relief scheme from HM Revenue and Customs (HMRC) but fail to take advantage of it. Called the Marriage Tax Allowance, this government scheme allows More...

By Larry Pham On Monday, November 25th, 2024
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Brits lose millions as scams spike in festive season – here’s what you should look out for | Personal Finance | Finance

1. Phones – 26% Scammers offer high-demand smartphones at tempting prices. After payment, victims may receive a fake or stolen phone, an entirely different item, or nothing at all. These scams typically More...

By Larry Pham On Sunday, November 24th, 2024
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The Crusader – Damp and mould row takes its toll on tenant | The Crusader | Finance

Persistent mould and damp drove an asthma sufferer from her social housing home and now her future seems more precarious than ever. It was in June last year that childcare worker Selina Milligan first got in More...

By Larry Pham On Saturday, November 23rd, 2024
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Britons warned of ‘alarming rise’ in online scam costing victims hundreds of pounds | Personal Finance | Finance

Britons are being warned of an “alarming rise” on online ticket selling scams costing victims hundreds of pounds. Research from safety group, Get Safe Online, revealed that over half of consumers mistakenly More...

By Larry Pham On Friday, November 22nd, 2024
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Save money on energy bills by avoiding common heating mistake | Personal Finance | Finance

Households across the UK can save money on their energy bills by avoiding one common heating mistake this winter. According to new research by David Wilson Homes, some 48 percent of homeowners are unsure whether More...

By Larry Pham On Thursday, November 21st, 2024
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NatWest pushes up mortgage rates as banks turn screw | Personal Finance | Finance

NatWest has joined rivals in pushing up the cost of new fixed-rate mortgages despite the Bank of England’s decision to cut the base rate by a quarter point to 4.75 percent. The decisions come against the background More...

By Larry Pham On Thursday, November 21st, 2024
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DWP exact date confirmed for state pension top-up deadline | Personal Finance | Finance

People thinking of topping up their National Insurance (NI) contributions to increase their state pension may want to act now ahead of a final deadline. You can currently pay voluntary NI contributions over More...

By Larry Pham On Wednesday, November 20th, 2024
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UK inflation rises above 2% target in blow to Keir Starmer | Personal Finance | Finance

UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures. The Office for National Statistics (ONS) said Consumer Prices Index (CPI) More...

By Larry Pham On Friday, November 1st, 2024
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UK households warned to unplug 7 worst appliances that cost a bomb on standby | Personal Finance | Finance

As energy bills continue to soar, we’re all doing everything we can to try to keep our costs down. The usual tricks of turning down the heating by a couple of degrees, switching to energy saving bulbs More...