Personal Finance

Should lower-income households receive a portion of bank profits?
Personal Finance

Should lower-income households receive a portion of bank profits?

Calls for an increase in the windfall tax to assist struggling households with their energy bills have been sparked by bank bonuses reach...

How pension reforms could add thousands to your pot
Personal Finance

How pension reforms could add thousands to your pot

Significant government reforms could increase workers' retirement funds by thousands of pounds. In an effort to improve outcomes ...

Is it possible to receive government funding for air conditioning installation?
Personal Finance

Is it possible to receive government funding for air conditioning installation?

The British summer has been extremely harsh thus far due to heatwave after heatwave. Three consecutive days in June broke the rec...

Capital gains tax investigations by HMRC are at an all-time high
Personal Finance

Capital gains tax investigations by HMRC are at an all-time high

How can an inquiry be avoided? Last year, there were 26% more capital gains tax (CGT) investigations, which brought in 266 millio...

Could Andy Burnham increase the tax on capital gains?
Personal Finance

Could Andy Burnham increase the tax on capital gains?

Raising CGT has previously been proposed by one prospective chancellor. There are already rumors circulating about potential refo...

Will the triple lock pension system be abolished by the new Labour leader?
Personal Finance

Will the triple lock pension system be abolished by the new Labour leader?

Will Labour leader Andy Burnham protect it? Keir Starmer pledged not to interfere with the triple lock, which guarantees an incre...

Proposed legislation aims to improve unmarried couples' financial rights
Personal Finance

Proposed legislation aims to improve unmarried couples' financial rights

The government has proposed new regulations that will grant cohabiting couples who are not married or in a civil partnership new financia...

What is a pension drawdown, and is it taxable?
Personal Finance

What is a pension drawdown, and is it taxable?

How does it operate, though? As you approach retirement, you might be considering the most effective way to access your pension f...

The implications of the cash ISA reforms, including the confirmation of new interest charges
Personal Finance

The implications of the cash ISA reforms, including the confirmation of new interest charges

The Treasury has confirmed in its most recent guidance on ISA reforms that investors will be charged for any interest paid on cash in an ...

What is the cost of requesting a 75% increase in probate?
Personal Finance

What is the cost of requesting a 75% increase in probate?

Next month, the cost of applying for probate is expected to increase by 75%, costing bereaved families hundreds of pounds more. T...

Your investment portfolio may be affected by a leadership election
Personal Finance

Your investment portfolio may be affected by a leadership election

This is how your investments might be affected by the most recent political unrest. For the next month or so, the Labour leadersh...

How to receive a council tax reduction
Personal Finance

How to receive a council tax reduction

However, little-known reductions may be available to thousands of people. We describe who might be eligible for hundreds off their annual...