BANK overdraft charges will be going through a major overhaul in April 2020. Multiple changes will be introduced but it is also possible that some banks have already introduced new rules. This will likely affect millions across the UK as recent research revealed that many people use their overdrafts to fund their living costs. Daily Express :: Finance Feed
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Fuel pump prices could soar in March’s 2020 budget – how will fuel duty rise affect you?
FUEL duty costs could rise in March’s budget as new Chancellor Rishi Sunak looks set to end an almost decade long freeze in tax charges. Daily Express :: Cars Feed
Read More »Pound to euro exchange rate: Sterling ‘struggles’ – will coronavirus outbreak affect rate?
THE POUND struggled against the euro yesterday. Ahead of the Purchasing Managers’ Index figures being released, could the pound to euro exchange rate be affected by the coronavirus outbreak? Daily Express :: Travel Feed
Read More »Universal Credit: What is a ‘claimant commitment’ and how can it affect payments?
UNIVERSAL CREDIT is a very tailored system for those who use it. Generally, what is offered is dependant on the claimants specific circumstances. These circumstances and other details are covered in what is known as a claimant commitment. This document is essentially a contract that an applicant must adhere to, if not payments could be reduced or cancelled. Daily Express ...
Read More »National Insurance threshold is rising in April – how will the tax cuts affect you?
NATIONAL INSURANCE is paid by everyone in the UK if they’re 16 or over and earning over certain amounts. However, there is a threshold in place which allows people to earn a certain amount before they start paying National Insurance. From April, this threshold will rise. Daily Express :: Finance Feed
Read More »ISA: Savings expert explains common mistake savers make – does it affect you?
ISA stands for Individual Savings Account, and it may be that savers opt to put away some of their money into these types of accounts for a whole host of reasons. Ahead of the end of the tax year, which is taking place in April 2020, a savings expert has highlighted a common mistake which many make. Daily Express :: ...
Read More »National Insurance threshold rise to save 31m £104 a year – will it affect state pension?
NATIONAL INSURANCE records determine how much of the state pension a person is able to get. Yesterday, the government announced National Insurance contributions thresholds are to rise to £9,500 per year. How will it affect the state pension? Daily Express :: Finance Feed
Read More »How Universal Credit works for self-employed people – how does it affect income?
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
Read More »Inheritance Tax: Changes proposed in new bill in House of Lords – could it affect you?
INHERITANCE TAX is a tax on the estate of a person who has died. A new rule is being considered by the House of Lords. What would the proposed changes mean for members of the public? Daily Express :: Finance Feed
Read More »French Polynesia holiday destination calls for cruise ship ban – will it affect holidays?
CRUISE ship holidays to French Polynesia could be set to have their itineraries impacted as topical island Bora Bora calls for a cruise ship ban. How will this affect your cruises if the ban goes ahead. Daily Express :: Travel Feed
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