“Offshore account holders are under attack,” says Elizabeth Colman in The Times. HM Customs & Excise is clamping down on UK residents who use offshore “tax havens” (including Jersey, Guernsey, and the Cayman Islands) as …
What with all that holiday spending, many people’s credit cards see a lot of action during the summer months. So it’ll come as a shock to many that the interest rates they’re having to pay …
Those who operate through a limited company often face the question of how to minimise their tax liability when using the company’s money for their own lifestyles, says The Schmidt Report. In general, money is …
With fewer people stumping up the cash to go abroad on holiday this year it’s time to start haggling, says Mark Hodson in The Sunday Times. Hodson rang round a range of hotels and holiday …
“The biggest shake-up to welfare in Britain since 1942” is how The Daily Telegraph describes Work and Pensions Secretary James Purnell’s proposals. At their heart, notes Philip Webster in The Times, is the abolition of …
Think your bank is ripping you off? You’re probably right. According to the Office of Fair Trading (OFT), UK banks make more than £4bn a year in interest just on the money sitting in our …
Think you might be about to lose your job? You could be right. The UK’s companies aren’t exactly in a hiring mood. A survey out this month from Lloyds shows that the balance of firms …
Gordon Brown may be “sharing our pain” as the economy steadily worsens – but most would prefer that he reduced it. Alistair Darling’s decision this week to delay the next two-pence hike in fuel duty …
With job losses starting to creep into the headlines, it’s worth remembering that the timing of a substantial termination payment can make a “big difference in cash-flow terms” if you are unlucky enough to lose …
After the Northern Rock debacle, most people are aware of the Financial Services Compensation Scheme (FSCS, Fscs.org.uk), which guarantees £35,000 of your cash savings should a bank go bust. It also covers losses on other …