Elderly state pensioners born before 1953 are facing potential HMRC penalties due to conflicting guidance on calculating taxable pension amounts, with experts warning of unnecessary complexity in self-assessment returns.
Royal Mail increases first-class stamps to £1.80 and second-class to 91p, citing declining letter volumes and more addresses. Martin Lewis advised stocking up before the rise.
Thousands of company car drivers face increased Benefit-in-Kind tax rates up to 37% as HMRC introduces new rules this week, affecting petrol, diesel, and electric vehicles.
UK households earning over £50,000 face increased scrutiny as HMRC launches Making Tax Digital, requiring digital record-keeping and quarterly updates for sole traders and landlords.
Analysis reveals households earning £66,000 to £114,000 will be £29,114 worse off due to frozen income tax thresholds, with experts warning of a heavy toll on middle earners.
First Direct is providing a £100 cash reward to customers who deposit or transfer £10,000 into a new Cash ISA by May 4, 2026, with additional incentives for current account switchers.
Drivers aged 70 and over can significantly reduce car insurance premiums by accurately estimating their annual mileage, as new data reveals they average just 1,665 miles per year.
The Financial Conduct Authority urges drivers to complain now to receive part of the £7.5 billion car loan compensation scheme sooner, with 12.1 million contracts eligible.
Santander confirms 13 bank branches will close across the UK in April 2026, part of 58 closures planned through 2028, putting approximately 291 jobs at risk. The closures reflect a shift toward digital banking, with Community Bankers and Banking Hubs to r
Drivers can save 5p per litre on fuel at over 1,200 Esso stations by redeeming 300 Nectar points, as petrol prices surge across the UK.
Nearly 900,000 higher-rate taxpayers and 1.42 million basic-rate taxpayers face imminent HMRC tax bills on savings interest exceeding tax-free allowances, with average bills reaching £2,030 and £641 respectively.
The UK government has confirmed the 2027 bank holiday dates, creating a three-day working week over Christmas due to substitute holidays, allowing for a 10-day break with minimal time off.
Virgin Money CEO Chris Rhodes will retire in September as Nationwide finalizes its £2.9 billion acquisition, creating the UK's second-largest retail bank.
From April 6, 2026, dividend tax rates increase by two percentage points, with basic rate taxpayers facing a jump from 8.75% to 10.75%, potentially costing thousands an extra £600 per year.
HMRC has abolished the home working tax allowance affecting 300,000 UK workers, resulting in tax increases up to £124 annually. The change takes effect from April 6, 2026.
HMRC is implementing significant Gift Aid rule changes starting this week, automatically removing certain tax reliefs from PAYE codes when deemed inaccurate or outdated. UK households are warned to review their tax codes and donation documentation careful
A Department for Work and Pensions minister admits a state pension forecast tool error has impacted hundreds of thousands, with incorrect estimates for contracted-out individuals.
HMRC has alerted state pensioners about potential tax liabilities as the new pension rate rises, with experts warning a £58 bill could hit retirees next year.
UK savers who earned interest from high-paying accounts last year are receiving unexpected HMRC letters demanding tax payments, as the Personal Savings Allowance hasn't kept pace with rising rates.
Millions of UK drivers may be owed compensation for car finance mis-selling before 2021, with some eligible for multiple payouts due to hidden commission practices.
HMRC's Making Tax Digital initiative, affecting up to 864,000 sole traders and landlords, faces backlash over privacy concerns and increased government scrutiny.
Barclays is providing a £200 payment and Apple TV access to eligible customers who switch to their bank account through a simple process, with specific requirements outlined.
Nationwide Building Society has issued a critical warning to customers, advising them to call immediately if newly opened accounts fail to appear on their mobile app within seven days. This follows a customer inquiry on social media about a joint account
Lloyds Bank reports business confidence rose to 55% in March, with smaller firms optimistic but larger ones cautious. The West Midlands leads UK regions in optimism.
Nationwide Building Society confirms it is developing a new feature for its online banking app that will notify customers of incoming payments, responding directly to user feedback.
Global private equity acquisitions fell sharply to $172bn in Q1 2026, with dealmakers citing AI disruption in software and Middle East conflict volatility as key factors slowing market recovery.
Millions of UK households risk unexpected tax bills as frozen income tax thresholds and the outdated Personal Savings Allowance drag savers into higher tax brackets, with analysis showing £916 interest payments breaching limits.
The FCA confirms £830 compensation for 12.1 million car finance contracts, but warns drivers to be vigilant against scams. Official guidance urges using trusted routes to claim.
Thousands of young adults born between 2002 and 2011 may have unclaimed Child Trust Funds averaging £2,200. HMRC is encouraging them to use its online tool to locate and access these tax-free savings.
Significant State Pension changes take effect in April 2026, including a 4.8% increase under the triple lock and a phased rise in pension age from 66 to 67. Experts urge workers to plan ahead for retirement gaps.