Personal Finance
The latest news, updates and opinions on Personal Finance from the expert team here at MoneyWeek
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Energy meter reading day July: how to take one as Ofgem energy price cap falls
Energy meter reading day takes place every three months and you’ll want to take it on 1 July as energy bills for those on variable tariffs are set to slide by around 7%.
By Daniel Hilton Last updated
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?
Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
By Laura Miller Published
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The “wait-and-see” savings mistake to avoid: Savers urged to fix now and earn £624 extra interest
Some savers are waiting for savings rates to rise before moving to a fixed-rate account. But this could cost you hundreds
By Ruth Emery Last updated
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MPs warn over Lifetime ISAs which could leave savers out of pocket
The Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
By Katie Williams Published
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Marcus boosts interest rates to provide top deals on savings
Marcus by Goldman Sachs has increased its one-year fixed rate savings account, making it the top deal on the market. Are you eligible?
By Daniel Hilton Published
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Side hustle tax: Do you owe HMRC money?
HMRC is urging side hustlers to check if they need to file a self assessment tax return
By Marc Shoffman Last updated
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500,000 more people pushed into 40% tax brackets – three ways higher earners are hit
Tax rates may not be rising but fiscal drag is still pushing up tax bills for higher earners
By Marc Shoffman Published
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23 June 1725: The Malt Tax riots break out across Scotland
Rioting erupted in Hamilton and spread across Scotland after excise officials arrived to implement the Malt Tax on this day in 1725.
By Chris Carter Last updated
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Thousands of estates are sitting unclaimed in the UK – is your family name on the list?
More than 5,700 unclaimed estates are on a government list waiting to be found by living relatives. We take a look at the list, and explain how to make a claim
By Ruth Emery Published