A good proportion of us shy away at the mention of the word ‘maths’, but in the investing world there are some quirky mathematical outcomes that are worth reminding ourselves of. The first is that if an investment goes up 100% it only has to go down 50% to get back to where it started. […]
Ticket fraudsters duped victims out of almost £4 million in the last year, as music and entertainment lovers bought tickets for festivals and events online as coronavirus restrictions eased. New data from Action Fraud, the national reporting centre for fraud and cybercrime, reveals that 4,982 people fell victim to ticket fraud in the 2021/22 financial […]
A critical review of how the government taxes child benefits has raised a major question mark over HMRC’s approach to collecting payments. Child benefit tax, or the High-Income Child Benefit Charge (HICBC) to use its legal name, is a case study in how not to introduce and operate a tax. It was designed as a […]
With inflation hitting 6.2% in February and outstripping wage growth, make sure you are paying attention to what’s happening to your money. We explore some ways to help keep your money where it belongs. Tip 1: Make sure you have the right tax code Now that the new tax year has started, it is worth […]
Despite the numerous shocks that occurred in the first quarter of 2022, the world’s share markets held up surprisingly well. Cast your mind back to the start of the year. The world was coming to terms with the latest Omicron variant of Covid-19, which was supposedly proving less serious than its predecessors. The latest […]
As inflation hits a 30-year high in the UK, double-digit price increases could be on the horizon. At the start of 2021, inflation measured by the CPI yardstick, was running at a benign 0.7%, having been driven down by the impact of the pandemic. A year later, the rate had jumped to 5.5%, close to […]
