Car Tax Warning: Optional Extras Increase Vehicle Tax Costs
Drivers are being warned that optional extras on cars can push vehicles over tax thresholds, leading to thousands in extra charges under the Expensive Car Supplement.
Drivers are being warned that optional extras on cars can push vehicles over tax thresholds, leading to thousands in extra charges under the Expensive Car Supplement.
Allica Bank introduces a business account with up to 1.5% cashback and 4.08% AER on savings, featuring modern tech and dedicated support to simplify money management for UK businesses.
Analysis reveals Rachel Reeves' pension salary sacrifice reforms could affect millions beyond higher earners, with employers likely to pass costs to workers.
HMRC alerts millions of low-income families to check eligibility for up to £1,200 in free bonus cash through the permanent Help to Save scheme, with expanded criteria from April 2028.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedA Which? investigation reveals many car insurance policies exclude coverage for items like phones, laptops, and documents stolen from vehicles, urging drivers to review terms.
The UK state pension age increases from April, impacting millions born after 1959 with longer waits for payments. Those turning 66 will see phased changes.
Owners of high-value vehicles priced over £40,000 will see their annual vehicle excise duty increase by £425 from April 2026, with electric cars also losing their tax exemption.
Married couples and civil partners under 90 may receive £1,260 in tax breaks, including £1,000 backdated cheques, due to HMRC's increased Personal Allowance.
The Nissan Qashqai is the most clocked car in the UK for 2025, with Volvo SUVs also heavily targeted. Experts warn mileage fraud distorts vehicle values.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedEvelyn Partners advises savers to consider 'turbo-charging' retirement pots before April 5 deadline while pension tax relief remains at highest marginal rates.
UK households with incomes under £50,270 are being encouraged to claim the marriage tax allowance, a HMRC perk that can save up to £252 annually by transferring unused personal tax allowances between partners.
HMRC rules allow certain households to legally increase their Personal Allowance from £12,570 to £16,320 through the Rent a Room Scheme, enabling tax-free rental income under specific conditions.
Senior wealth managers recommend a structured three-month savings approach for retirees, emphasizing budgeting, automated contributions, and long-term investment principles to build financial security.
The average credit card purchase APR has surged to 35.8% in February, marking the highest level in at least two decades. Finance experts warn borrowers to review debts and consider balance transfers.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedNationwide Building Society is expected to distribute £100 payments to millions of customers this summer through its Fairer Share scheme. Members must meet eligibility criteria by the end of March to qualify for the cash bonus.
UK households can leverage a £3,000 annual gifting allowance to escape HMRC inheritance tax bills, as tax thresholds freeze under Labour's budget may push more into higher bands.
Three Mobile customers will see their bills increase by up to £2.30 per month from April 1, following a contract correction and new Ofcom rules requiring clear pricing.
HMRC reveals 758,000 people have yet to claim lost Child Trust Funds averaging £2,200, with accounts set up for children born between 2002 and 2011.
HMRC has issued an important update on National Insurance changes, with Treasury minister Dan Tomlinson confirming efforts to meet service-level agreements by the end of the tax year.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedSenior Treasury officials have detailed upcoming legal amendments to the Building Societies Act 1986, which will ease funding restrictions for mutuals like Nationwide, with changes expected before summer recess.
Trainline CEO Jody Ford announces departure after six years, causing shares to slump amid competition and government rail nationalisation plans.
British households will see energy bills fall by 7% from April 1, with average annual costs dropping to £1,641. The government has mandated full savings pass-through to all customers.
Nationwide Building Society has provided £300 payments to certain members through its Fairer Share bonus scheme, with eligibility based on banking, savings, or mortgage products. Future payments for 2026 will depend on financial performance.
Financial advisors caution that platforms like GoFundMe are making people complacent about personal responsibility during serious life events, calling it a dangerous gamble.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedMoney Saving Expert Martin Lewis issues a warning as NS&I Premium Bonds prize rate falls from 3.6% to 3.3% in April. Experts suggest considering high-interest savings accounts for guaranteed returns instead.
A new survey shows 50% of UK adults would turn to artificial intelligence for financial guidance, with younger generations leading the adoption of AI tools over traditional advisors.
Lloyds Banking Group confirms 168 branch closures over the next two years, impacting Lloyds, Halifax, and Bank of Scotland. Experts highlight alternatives like shared banking hubs and community bankers.
Lloyds Bank is providing a £500 bonus payment to customers who switch to a Premier account by April 30, 2026, with additional perks like Disney Plus and cinema tickets available.
Governor Andrew Bailey tells Parliament that inflation is 'baked-in' to fall to the 2% target by May, amid cautious optimism from financial experts and mortgage brokers.
Shared lists with real-time sync. No signup needed — just open and shop together.
RecommendedFinancial experts reveal 13 legal methods for couples to protect significant sums from HMRC through allowances, ISAs, and strategic planning as tax thresholds remain frozen.