Personal Finance
The extent of the changes to working tax credit has been revealed. Figures today published by HMRC show that more than 200,000 families have lost their entire working tax credit support, worth £3870, from 6 April 2012...
Recommendations by the Office of Fair Trading to improve cancellation rights have saved consumers about £8...
The Financial Services Authority is contacting 76,732 people to let them know they are targets for fraudsters trying to con them out of their money...
UK consumers saw another small improvement in their financial wellbeing in Q1, according to the latest UK Financial Reality Index from Alliance Trust...
As the tax year end on April 5 2012 approaches, the private client team at KPMG in the UK has put together a checklist of tax issues to consider covering income tax, capital gains tax, inheritance tax, pensions and issues for non-doms...
Millions of Britons are at risk of missing the opportunity to capitalise on their ISA tax allowance and their pension contribution limits because they don't know when the tax year ends...
British families are failing to plan ahead for life's big decisions, such as getting married, changing jobs or having more children, according to a report by global insurer Zurich...
Of the 11.2million households in the UK with a mortgage, an astonishing 1 in 7, (1.6 million) are simply paying off the interest each month and not repaying capital or saving anything towards paying off their mortgage debt in the future...
Two-thirds of Britons (65%) have been forced to put important life decisions on hold due to the current economic climate, research by MoneySupermarket has revealed...
The average retired person has £8180 of personal debt, collectively equating to a staggering £96...
The Office of Fair Trading has published revised guidance on the standards it expects from businesses offering debt management advice or credit repair services to consumers...
A Which? investigation has revealed that UK savers could be losing out on almost £13billion in interest each year by failing to switch savings accounts, an increase of £500million since October 2010...
There is significant support for a change to ISA rules among over 50s, according to research by Saga...
Changes to taxes and benefits due to come in during 2012-13 will cost households an average of £160 in 2012-13, rising to £370 a year thereafter...
More than two-thirds of UK adults have admitted to having debt problems with almost a third of people (29%) not prepared to confront their debt issues according to research from The Co-operative Bank...
HMRC is to create 30 new tax evasion task forces in a major crackdown on tax evasion. Derek Scott, director of Tax Investigations at KPMG in the UK, said: "This latest announcement shows that it really is 'gloves off' on dealing with tax dodgers where HMRC is concerned...
A staggering number of parents (94%) are worried about their children's financial future according to a study by J...
The average of the top five cash ISA rates is currently 3.03%, a 7% increase compared to this time last year when the average rate was 2...
Major UK electrical retailers have offered legal undertakings to improve the way the extended warranties market works, the Office of Fair Trading has announced...
A record 9.45 million Self Assessment tax returns were filed on time this year, and a record 7.65 million (80...
Money education charity, Credit Action has released its February statistics detailing the level of debt in the UK...
The vast majority of consumers making claims for mis-sold Payment Protection Insurance from failed firms have done so through claims management companies, the Financial Services Compensation Scheme has revealed...
Nearly one in ten Britons admit they are relying on credit cards to make ends meet. New research has revealed that more than a quarter (26%) of Britons expect to owe money on their credit cards throughout 2012, with nearly one in ten (9%) admitting they are entirely reliant on their plastic...
With growing pessimism about the state of their household finances, a third of Britons plan to cut back on spending this year - a significant rise from in October...
With HMRC bringing in new penalties for late submission of self-assessment tax returns, missing the deadline could prove very expensive, according to KPMG...
HM Revenue & Customs is to introduce tougher procedures for civil fraud investigations later this month...
With the self-assessment tax return deadline only weeks away, research from unbiased.co.uk, warns that consumers could be facing large penalties by not following the procedure correctly...
Grim predictions for UK family finances up to 2015 have been revealed in evidence produced by the Institute for Fiscal Studies for the Family and Parenting Institute...
More than five million public sector employees enjoy "open" defined benefit pension schemes, with fewer than two million private sector employees now in largely "closed" schemes...
Better financial management and getting into the savings habit rank among the top five New Year's resolutions Britons are making this year, according to a survey for Skipton Building Society...