We’re now in the year of the Tiger according to the Chinese zodiac, which can symbolise resilience and strength. That may well be required after Wednesday 6 April ushers in the new 2022/23 tax year. New years are normally a cause – or excuse – for celebration, even if the pandemic has changed that in […]
2021 ended with inflation sitting at 5.4%, but it may not have felt like that to you. You may have caught the food campaigner Jack Monroe on TV and radio interviews recently highlighting how the uneven effects of inflation on the most basic foodstuffs can have a disproportionate effect on lower income […]
House prices rose by around 10% in 2021 – their fastest pace in 15 years – but that is no guarantee of what may come in 2022. Relying on bricks and mortar to boost your finances may no longer be as attractive as it once was. Just as inflation enjoyed an unexpected leap in 2021, […]
A convincing WhatsApp scam where criminals pose as a friend or family member in need has cost users almost £50,000 in three months. New data from Action Fraud, the national reporting centre for fraud and cyber crime, reveals a new emerging threat where victims are being targeted on WhatsApp by criminals pretending to be someone […]
If you are a high earner and feel you are paying more and more tax, you are not alone. Increasing the tax burden for higher earners has been a deliberate policy of successive governments. Higher and additional rate taxpayers now pay about two thirds of all income tax. More than one in seven income tax […]
As 2021 drew to a close, inflation finally forced the Bank of England’s hand. What will higher rates mean for you? The November inflation figures, released in mid-December, once again exceeded the Bank of England’s (BoE) expectations. At the start of November, the BoE had said that CPI inflation was “expected to peak at around […]
