More Personal finance news

HMRC gets in a muddle over paper tax returns

Paddy Harty
QUESTION: I have been reading about glitches in tax return software standards which means that taxpayers may have to file their 2016/17 tax return by paper instead of electronically to ensure they don’t overpay their tax.

This is one big padlock that might not keep you safe . . .

Michael Kennedy
DID you know that there is a big bronze padlock on your state pension? Since 2010, the value of the state pension has been protected by the ‘Pensions Triple Lock’, which increases its value in line with inflation, average earnings, or 2.

Frexit gone, Italexit a real threat to your investments?

Peter McGahan
STOCK markets, pension funds and investment ISAs didn’t breathe a sigh of relief last week after Marine Le Penn’s far right party was defeated, that sigh was enjoyed on the first round when it was clear Le Penn would not win.

2.27 million investors hit by new tax on investment income

Peter McGahan
TWENTY-nine years ago when I began this role, I was always told that governments never made tax legislation retrospective – ie going back on their word, which affected people who had made plans based on previous legislation.

Brutal costs of using banks to exchange foreign currency

Peter McGahan
WITH the Easter holidays upon us and the summer season on the way, I thought I would cover the ways to save significantly on holiday purchases, and rather than paying banks, you might enjoy an extra few bottles of wine here and there.

The rising cost of staff pay

Paddy Harty
QUESTION: I have a small team and have heard that the National Living Wage went up earlier this month – could you please tell me by how much? ANSWER: The National Minimum Wage (NMW) is the minimum pay per hour most workers are entitled to by law.

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