Finance News

UNIVERSAL CREDIT was announced in 2010 and then rolled out in April 2013. Universal credit replaced six previously existing benefits by combining them into one payment plan. The benefit is available for people of working-age, which includes the self-employed. Daily Express :: Finance Feed

STATE PENSION is a payment which may be claimed once a person reaches state pension age – although it can be deferred. Tens of thousands of people chose to stop receiving their state pension in 2018/19. Daily Express :: Finance Feed

MORTGAGES can be the pathway to becoming a homeowner, for many people. Today, the Bank of England has announced that the base rate will hold – what does it mean for those who are looking for a mortgage, and for those who are amid their mortgage repayment term? Daily Express :: Finance Feed

MARTIN LEWIS is the Money Saving Expert who often shares his money saving tips with the world. Today, he appeared on Good Morning Britain, where he issued a warning to members of the public ahead of an upcoming tax deadline. Daily Express :: Finance Feed

INHERITANCE TAX is a tax levied on the estate of someone who has died or is passing on their assets. A person’s estate is composed of their property, money and possessions, but the total value of these assets need to hit a certain threshold for the tax to be due. Daily Express :: Finance Feed

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