With property and share prices tumbling, more and more investors are nursing losses rather than gains. But if you have to sell at a loss there is one consolation – you can use the loss …
How to cut your tax bill if you suffer losses
Category: Personal Finance
How to hang on to your home
Repossession, repossession, repossession may well be the title of the next big property TV show. The Council of Mortgage Lenders (CML) said that 11,300 homes were repossessed in the third quarter, up 12% on quarter …
Take some of the headache out of Christmas travel
Many of us go travelling at Christmas – whether it’s a holiday abroad, or simply to visit relatives. But as well as hunting down the perfect Christmas gift for your in-laws, or working out what …
Britain’s widening pensions gap
Private-sector pensions are shrinking and vanishing, yet public-sector ones are more generous than ever. Why the gap? And is it sustainable? Tim Bennett reports. What’s the latest news on pensions? “We have got to end …
Avoid the tax rise with your pension
Chancellor Alistair Darling’s hope of raising around £1.6bn a year from 2011 from a new 45% income tax on earnings above £150,000 a year, and abolishing the personal allowance for those earning more than £100,000, …
A smart move on IFAs
It’s never pleasant to hear of job losses. But the news last week from Threesixtyservices.co.uk that 3,500 independent financial advisory (IFA) firms – around 30% of the industry – could close due to the economic …
Which is safer, a bank or building society?
“How do banks and building societies size up against each other?” asks the Motley Fool’s Szu Ping Chan. And which is the safer bet for your cash? It all used to be so simple. Before …
Invest for your children while you shop
How about saving for your children while doing your Christmas shopping this year? KidStart.co.uk works like a traditional cashback website. If you click through to the retailer of your choice using a typical cashback site, …
Avoid the Christmas credit card crunch
“Our ambition at the Bank of England is to be boring”. So said governor Mervyn King around a decade ago. It’s fair to say that he’s failed badly. This week, analysts are guessing that the …
Tackle home improvements yourself and save money
B&Q has reported that sales of DIY ‘how to’ guides have risen 30% since the start of the credit crunch, suggesting that people are turning to DIY to cut costs on home repairs. When tackling …