One of the great reasons for paying into a pension is the tax benefits. You get tax relief at your marginal rate, which is 20% for basic rate taxpayers, 40% for higher rate taxpayers and 45% for additional taxpayers. It […]
A little while ago, I wrote about whether you should be merging your pension pots. There are definite benefits, like making your pensions easier to keep track of and manage, and saving on costly fees – although you might not […]
Boris Johnson’s “benefits-to-bricks” speech this week made some interesting headlines. Among them was the possibility of excluding savings in Lifetime ISA (LISA) from Universal Credit (UC) eligibility assessments. At the moment, any savings over £6,000 would mean a reduction in […]
Getting a credit card is hard enough when you’re self employed but getting a mortgage seems to mean endless hurdles that get you nowhere. But is it actually harder to get a mortgage when you’re self employed? And are there […]
Staggeringly high inflation rates over the last few months has forced the Bank of England to increase Bank Rate almost every month. It means that interest rates on savings as well as mortgages are steadily going up. Given there’s so […]
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