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Interest on late income tax payments soars to £513 million as HMRC hikes interest rate to its highest level since 2007
Those paying their tax bill late have been hit with millions of pounds of interest by HMRC since 2020. We explain how the interest rate works and what it means for your tax bill
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Reeves confirms ‘more pensioners’ to get winter fuel payment this year
Potential changes to winter fuel payment eligibility rules will not cover all pensioners, pensions minister has Torsten Bell confirmed, but more are set to be eligible for the allowance
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NFU Mutual and M&S among most trusted insurers as big brands beat smaller rivals
Value for money is a big concern for customers buying insurance, helping to send overall trust scores down to a four year low
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Millions of shoppers can claim up to £70 compensation – do you qualify?
Millions of shoppers will be able to claim their share of a £200 million settlement from Mastercard. We explain who's eligible, how the process will work, and when you could get the money
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How long does it take to win a Premium Bonds prize?
It could take much longer than you think to win something in the Premium Bonds prize draw
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HMRC opens 1,000 more inheritance tax probes – what to do if it happens to you
Enquiries into inheritance tax owed have jumped by over a third in just one year, but there has been in a decrease in the proportion of investigations leading to higher bills
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The pros and cons of smart meters: Are they any good?
Gas and electricity prices may be falling, but smart meters could still help you budget. We compare them to regular meters and consider whether it’s worth getting one
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What is the 67% inheritance tax trap on pensions – and can you avoid it?
Your loved ones could find themselves paying an effective tax rate of 67% once pensions are brought into the inheritance tax net from April 2027. The concern has sparked an increase in wealth transfer conversations with financial planners.
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Skipton Building Society launches new 5% easy access savings account – are you eligible?
Skipton Building Society’s new 5% account includes a fixed rate bonus for 12 months. Are you eligible?
