Finance News

CHILD BENEFIT recipients may be hit by an unexpected tax charge if they move in with a new partner. Those who receive child benefit payments will need to keep an eye on the “high income child benefit charge”. There’s a chance that all of the child benefit received will have to be paid back as income tax. Daily Express :: ...

IRAN has massively increased its cryptocurrency mining operations as it attempts to combat US sanctions. Daily Express :: Finance Feed

UNIVERSAL CREDIT: The Court of Appeal has today dismissed the Government’s appeals against two previous court judgments, which found that the Secretary of State for Work and Pensions had unlawfully discriminated against thousands of severely disabled people who moved onto Universal Credit. Daily Express :: Finance Feed

MORTGAGE free is a situation which many people may hope to be in. As 2020 gets into full swing, some people may be taking a closer look at their finances for the year ahead in a bid to save money. Daily Express :: Finance Feed

TAX CODE 1250L is the tax code which is currently used for most people who have one job or pension. What does the tax code mean? Daily Express :: Finance Feed

The pound to US dollar exchange rate dipped by around 0.5 percent today, with the pairing currently trading around $ 1.299 as appetite for Sterling is limited on rising speculation of a Bank of England rate cut on Thursday. Daily Express :: Finance Feed

HELP TO BUY ISAS are no longer available to open but existing accounts can still be utilised. There is a 25 percent bonus on savings held in a Help to Buy ISA up to a maximum of £3,000. However, there is a time limit on when this bonus can be claimed. Daily Express :: Finance Feed

The pound slumped against the euro as Brexit fears resurfaced, leaving the pairing trading around €1.181. The pound fell against the euro on Tuesday after concerns surrounding the UK’s future relationship with the European Union after Brexit heightened. Daily Express :: Finance Feed

TAX RETURNS are something which must be completed by a whole host of people, and the Self Assessment Tax Return deadline is just days away. HM Revenue and Customs is set to make £70million from those who file their returns late, research has found. Daily Express :: Finance Feed

UNIVERSAL CREDIT is a payment which is intended to help with living costs, and it may be claimed by people who are out of work or on a low income. Daily Express :: Finance Feed