Reduce your income tax bill
You have until 28 February this year to file your tax return without penalty, but, leaving it until the last minute is fraught with problems. If you are not registered with HMRC to complete your tax return online, you will need an activation code, which the website...Is it the end of peer-to-peer lending?
Zopa’s decision to quit its peer-to-peer (P2P) lending business to focus on banking last month prompted headlines asking whether this heralded the death of the sector it had pioneered and created. A finance system built around the idea that stability comes from...Avoiding self-assessment pitfalls
Almost half the 12.2 million taxpayers who are due to file a self-assessment return for 2020-21 have yet to do so. HM Revenue & Customs has given workers an extra month to complete their returns, but you should still try to file by the end of January if possible....Cashflow crisis – Half of adults need help managing money
Almost half of UK retirees fear they will eventually run out of money, with many relying on receiving an inheritance or downsizing to top up their pensions. A study revealed that a quarter of retirees plan to top up their retirement fund with an inheritance from a...Pensions providers must give a stronger nudge to guidance
Anyone who accesses their pension for the first time will be directed to independent guidance from Pension Wise, the regulator has said. From 1 June 2022, the Financial Conduct Authority (FCA) will require pension providers to nudge savers to the government’s advice...