Banks to stop taking tax on interest paid

Mar 31, 2015

 From 6 April 2015 you won’t have to pay tax on interest received if your total income is less than £15,600.

As part of a wider relaxation for savers, the recent Budget pledged to introduce…

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First time buyers savings plan

Mar 27, 2015

 If you are a first time buyer a new savings scheme introduced in the Budget last week is well worth considering.

 Nick named the Help to Buy ISA, the ISA will allow you to save up to £200…

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Stolen mobile charges to be capped

Mar 26, 2015

 Major mobile networks have confirmed plans to introduce protection for consumers from huge bills run-up on stolen mobiles following Government action.

Under the voluntary agreement, five…

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Pension freedoms to be extended to annuitants

Mar 23, 2015

The Chancellor has announced that the government will extend its pension freedoms to around 5 million people who have already bought an annuity.

From April 2016, the government will remove…

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Budget Statement 18 March 2015

Mar 19, 2015

 Personal Tax and miscellaneous matters

 Personal Tax allowance

 The personal allowance for those born after 5 April 1948 will be increased…

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Business rates review

Mar 18, 2015

 The Chief Secretary to the Treasury, Danny Alexander, launched the most wide-ranging review of national business rates in a generation this month - paving the way for changes to how businesses across…

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The Marriage Allowance

Mar 17, 2015

From 6 April 2015 married couples (and civil partners) will be able to register for the MA.

If your income is less than £10,600 in the 2015 to 2016 tax year, you may be able to reduce your…

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County Court Judgements and your credit rating

Mar 16, 2015

County Court Judgements and your credit rating

If you get a county court judgment (CCJ) or a high court judgment, it will stay on the Register of Judgments, Orders and Fines for 6 years.

For…

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Pension changes from next month

Mar 06, 2015

There are a number of changes to the taxation of pensions from next month. We have copied into this article postings to the GOV.UK website regarding some of the more significant options available…

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