From 1 April it is compulsory for businesses to file their VAT online, as part of the government’s campaign Making Tax Digital. However, with 1.2 million UK companies expected to be affected by the new format, there are serious questions about whether organisations across the country are efficiently prepared.
People taking income from their pension pots are being unusually cautious at the moment, according to new figures. Economic uncertainty has prompted pensioners without a guaranteed income to spend less and take a prudent approach.
If you’re choosing a financial adviser, you may be wondering what sort of fees to expect. This Unbiased guide explains how advisers price their services – and also introduces a brand new online tool for checking the cost of advice.
Thousands of people across the UK may be unable to switch their mortgage to one with lower interest rates. The FCA is now considering changes to its strict affordability criteria that have made it harder for homeowners to remortgage.
The UK is at risk of ‘sleepwalking into a cashless society’ before it is ready, according to a recent report. Alternative payment methods may make cash obsolete by 2026 – but millions of people remain reliant on cash for everyday payments.
Rejection hurts. You’re sure you could afford a mortgage, so why won’t the lender agree with you? A new online tool makes it easy to test your application first to increase your chances of a perfect match. Article by Nick Green.
When was the last time you reviewed the recipients of your insurance policies? Insurance provider Phoenix Life has found that the majority of people have forgotten to update their policies after setting them up. This could result in money going to the wrong people in the result of a payout.
Is your dream of home ownership still stuck on the ground? Here are our top mortgage tips to help it take flight.
The mandatory minimum contribution into workplace pensions is set to increase in April, as part of the government’s bid to prevent a future pensions crisis. Consequently, millions of workers who are paying the current minimum will see their take-home pay reduced – in exchange for ‘more jam tomorrow’. Article by Nick Green
The last quarter of 2018 saw buy-to-let yields hit a three-year low, down 5.6 per cent on the previous quarter. Squeezed by tax and regulatory changes, many landlords are struggling to meet their margins and market confidence has taken a hit. So what’s the outlook for buy-to-let as a source of income? Article by Nick Green.
Since it was launched in September 2018, over 80,000 people have signed up for the government’s Help to Save scheme. But with millions more potentially qualifying for the low-income scheme, Brits are missing out on billions worth of potential bonuses. Article by Nick Green.