HMRC Christmas Bonus Tax Warning Issued
HMRC warns a Christmas work bonus could push you into a higher tax bracket. A £10,000 bonus risks 40% tax. Experts recommend 'bonus sacrifice' into your pension.
HMRC warns a Christmas work bonus could push you into a higher tax bracket. A £10,000 bonus risks 40% tax. Experts recommend 'bonus sacrifice' into your pension.
Unemployment in Wales has surged to 6.1%, affecting 94,000 people, while economic inactivity remains stubbornly high at 24.5%. Explore the latest ONS data and political reactions.
Santander is reducing the interest rate on its Edge Up current account from 2.5% to 2.1% from December 17. Find out how this change affects your balance and what other perks remain.
UK unemployment rises to 5.1% with 22,000 fewer payrolled workers in September. Wage growth cools as the Bank of England faces pressure to cut rates. Read the full analysis.
Money expert Martin Lewis details how surviving spouses can inherit an ISA allowance, keeping savings tax-free. He also warns of a crucial 40% Inheritance Tax risk.
Finance experts urge UK savers to move their money as the Bank of England is tipped to cut the base rate from 4% to 3.75% this week. Find out how to protect your savings.
Experts warn UK savers to lock in top bond rates now before a potential base rate cut. The top one-year bond rate rose in November for the first time since July.
LHV Bank unveils a competitive 4.25% AER easy-access savings account. Discover the details and how recent ISA changes make this a timely option for UK savers.
Nationwide Building Society has cut selected fixed mortgage rates to as low as 3.58%, offering a Christmas boost for home buyers and movers. Read the full details and expert reaction here.
Chancellor Rachel Reeves confirms frozen tax bands, dragging millions into higher rates. Discover how fiscal drag impacts your income and pension. Sign up for our money-saving newsletter.
The Bank of England's latest data shows new mortgage rates have dropped to 4.17%. Experts analyse the market ahead of the crucial interest rate decision. Read the full report.
The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.
NS&I customers warned about Premium Bonds prize rate cuts as new British Savings Bonds launch with higher interest rates. Expert analysis reveals what this means for your savings.
Frozen tax thresholds have dragged over 720,000 more people into the 45% additional rate band, taking the total beyond one million. Discover how this 'stealth tax' impacts the economy.
Pensioners born before 1953 will receive a £8.45 weekly state pension increase from April 2026 due to the triple lock. Discover the financial impact.
A Universal Credit claimant fights the DWP after payments were stopped over an alleged £16,000 in savings they insist they never had. Discover the full story and what to do if it happens to you.
Nationwide Building Society and Virgin Money announce significant mortgage rate cuts of up to 0.19%, offering relief to UK borrowers after the Autumn Budget.
UK households earning over £50,000 face £8,165 tax demands due to frozen thresholds. Discover the impact on savings and capital gains and how to protect your finances.
The UK government extends the income tax threshold freeze to 2031, a move set to raise £7.6bn and pull millions into higher tax brackets. Discover the full impact.
Savers are rushing to lock in high-interest accounts as Bank of England rate cuts loom. Discover the top-paying providers and why switching from major banks is crucial now.
UK households can save up to £177 by switching to fixed-rate energy deals cheaper than the new price cap. Compare tariffs now to cut your winter bills.
Chancellor Rachel Reeves could slash ISA allowances from £20,000 to £10,000, exposing millions to tax bills. Act now to protect your savings before November 26 budget.
New analysis reveals extending the income tax threshold freeze could force 10 million pensioners to pay income tax. Discover the full impact of the Autumn Budget.
Chancellor Rachel Reeves is set to extend the income tax threshold freeze to 2030, potentially dragging millions into higher tax bands. Discover how this 'stealth tax' could impact your finances.
Chancellor Rachel Reeves will confirm a £575 state pension rise for 2026/27 under the triple lock. Discover how this increase affects pensioners and the looming tax threshold issue.
Money expert Martin Lewis explains why state pensioners may soon pay tax, even without other income. Learn how frozen thresholds and April's increase impact you.
Nearly 9 million state pensioners could be pushed into paying income tax as the Chancellor extends the freeze on tax thresholds. Discover the impact of this Autumn Budget decision.
UK mortgage rates have dropped below 5% for the first time since September 2022. Finance experts urge households to secure cheaper deals and consider professional advice.
DWP is automatically sending Winter Fuel Payments of up to £300 to state pensioners. Find out if you're eligible to keep it or if HMRC will reclaim the cash.
A spate of stabbings has shaken Birmingham, with two fatalities. Exclusive data reveals weapon possession offences in the city are over three times the national average. Read the full report.