HMRC reminder to employees to claim their tax deductible expenses
HMRC is reminding employees that they may be able to claim a tax rebate on their work related expenses. HMRC estimate that millions of employees, particularly those working in the service industry, could be entitled to a tax refund. Workers, including nurses,...
Autumn Budget 2018: Summary
The Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018. In his speech he stated that ‘austerity is coming to an end – but discipline will remain’. He also promised a ‘double deal dividend’ if the Brexit negotiations are...
Budget 2018: Predictions
Philip Hammond will deliver his 2018 Budget on 29 October. But what can we expect when the Chancellor delivers his speech? Theresa May’s recent promise of the end of austerity has prompted a fresh wave of optimism concerning what Philip Hammond may announce in the...
Bank accounts to pay savers ‘minimum interest rate’ under FCA plans
The FCA is trying to fix the issue that savings in accounts opened a long time ago earn a lower interest rate then savers who shop around and open new accounts. 87% of UK adults have cash savings. Research conducted from the financial conduct authority (FCA) found...
