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Finance

Council tax: Britons risk missing out on £150 rebate if they don’t apply by deadline

Households in tax bands A to D are now eligible for the £150 rebate and will not have to pay it back.Britons are urged to not miss the deadline as they risk missing out on the extra cash if it passes by. Britons will have to apply for the rebate if they do not pay […]

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Finance

Mum explains simple way to save £171 a year in number of budgeting moves

The Money Mum, real name Gemma Bird, appeared on GB News this morning to discuss how she has been able to survive the cost of living crisis. She explained that she has always been good with money so decided to start her blog to help other families who may need some help. Gemma suggested people make […]

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Finance

National Insurance threshold warning as the rise could impact your state pension

Starting from July 6, the threshold will increase by £2,690. Mr Sunak confirmed that the primary threshold for the main rate of National Insurance will jump from £9,880 to £12,570. According to the Government, this tax change will benefit around 30 million people, resulting in an overall tax saving of around £330 a year. This change […]

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Finance

‘Get a higher rate of tax relief!’ Pension Vs ISA – the ‘more effective’ savings vehicle

Salary sacrifice enables people to exchange part of their salary for a non-cash benefit from their employer, such as increased pension contributions, but people can also give up salary in return for benefits such as bikes, mobile phones and bus passes. With National Insurance increasing by 1.25 percent in April, salary sacrifice is a way […]

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Finance

‘I’m scared!’ Man, 56, asks Dave Ramsey if it’s ‘safe to retire’ as inflation soars

DAVE RAMSEY reassured a caller that he is “safe to retire”, despite inflation eroding away at savings. Source link

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Finance

Smart meter users could be paid to use less energy at peak times via ‘demand shifting’

However, there is no timeline for delivery of the project at this stage. An ESO spokesperson said: “Demand shifting has the potential to save consumers money, reduce carbon emissions and offer greater flexibility on the system and some forms of demand management are already used today to help balance the system. “We recently ran a […]

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Finance

Nationwide offers 5% interest rate plus £125 to switch in competitive savings offer

As a household name on the high street, Nationwide draws in thousands of savers each year due to its many savings options. One example is their FlexDirect account offering Britons five percent – a market-leading rate. New applications have been available from June 21 and the rate applies on balances up to £1,500 for the […]

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Finance

Dragons’ Den: The ‘biggest missed opportunity’ – business now worth £240million

In February 2013, the company was acquired by Berlin-based competitor Delivery Hero for an undisclosed amount. Bolstered by the acquisition, the business has continued to scale with over 9,000 restaurant platforms now signed to its platform in most major cities across the UK. Though the company was valued at a whopping £2billion in 2015, it […]

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Finance

State pension triple lock pledge faces ‘future challenges’ in ‘balancing books’

New census figures show an increase in the working-age population nearing retirement. This could add to the demand on the Treasury for pension benefits and health services over the next decade, which could result in the state pension triple lock being revised again in the future. James Andrews, personal finance expert at Money.co.uk commented on these figures […]

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Finance

PIP: Universal Credit claimants could be due an extra £156 each week

As the cost of living crisis continues and energy bills rise, any extra cash could be vital for people on Universal Credit who are feeling the financial squeeze. New and existing claimants could be due a £156 per week cash boost if they qualify for Personal Independence Payments (PIP). On the Government website it states […]