EV ‘pavement tax’ means it could be cheaper to get a petrol car | Personal Finance | Finance

Car drivers are being put off switching to electric vehicles by a 20 percent “pavement tax” which pushes up the cost of charging, according to motoring organisations. The AA said the fact that the Treasury charges 20 percent VAT for people who use public charging points is unfair. And it means one of the apparent attractions of electric cars More...

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By admin On Friday, November 29th, 2024
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DWP Friday update on Winter Fuel Payment and Triple Lock as £300 paid | Personal Finance | Finance

The DWP has today issued an update on the Winter Fuel Payment being scrapped and turned into a means-tested benefit after the benefit began to be paid out to pensioners this week. A letter written by the Work More...

By admin On Friday, November 29th, 2024
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Average Brit losing £655 a year due to common mistake | Personal Finance | Finance

“Financial faffing” could be more expensive than people think, with experts estimating it could cost Brits some £43,000 over their lifetimes. Essentially, this refers to when people delay dealing More...

By admin On Friday, November 29th, 2024
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DWP to overhaul Universal Credit and PIP in revamp next year | UK | News

The Department for Work and Pensions has solidified plans to propose a revamp of its disability benefits early next year. This follows the Secretary of State’s unveiling of a Get Britain Working white More...

By admin On Thursday, November 28th, 2024
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Martin Lewis gives exact dates energy bills will go up twice more in 2025 | Personal Finance | Finance

Martin Lewis has warned that energy customers will rise again for the third time in a row next year as he urged anyone not currently on a fix to lock in a cheaper deal instead. Though energy price inflation More...

By admin On Thursday, November 28th, 2024
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Figures showthousands of terminally ill pensioners denied Winter Fuel Payment | Personal Finance | Finance

Winter Fuel Payment: Pensioners express anger with government More than 40,000 terminally ill pensioners have lost their Winter Fuel Payments ahead of what might be their last Christmas, according to a leading More...

By admin On Thursday, November 28th, 2024
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Inheritance tax exemption rule could ‘cost you more than it saves’ | Personal Finance | Finance

The shake-up in Inheritance Tax rules announced by Rachel Reeves has sent ripples through those looking to pass on their wealth, prompting a festive flurry of generosity. With pensions now on the radar for estate More...

By admin On Wednesday, November 27th, 2024
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Avoid 40 percent Inheritance Tax legally with new ‘10 year’ loophole | Personal Finance | Finance

A new Inheritance Tax loophole which has opened up can help people avoid losing 40 percent of the value of their estate. Labour in its Budget has targeted tax loopholes, with one unpopular change around farmers More...

By admin On Wednesday, November 27th, 2024
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Expert’s one-month warning to anyone with Premium Bonds | Personal Finance | Finance

A cut in the effective interest rate offered through buying Premium Bonds has prompted a warning from finance experts. From January – in just over a month’s time – the effective prize rate More...

By admin On Wednesday, November 27th, 2024
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State pensioners urged to claim £6,600 benefits in December | Personal Finance | Finance

State pensioners are being urged to claim a total of £6,600 in benefits they are entitled to but missing out on. Two key groups who campaign for pensioners, charity Age UK as well as the Rothesay Foundation, More...