HMRC’s ‘little known’ tax-free allowance after state pension query | Personal Finance | Finance

HMRC has pointed to a ‘little known’ tax allowance that could benefit state pensioners, which was mentioned by Martin Lewis. A taxpayer got in touch over X to ask: “In a Martin Lewis article he noted that pensioners who get an income of less than £12,570 can take £5,000 of savings interest a year free of tax. “When he states More...

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By admin On Friday, July 26th, 2024
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HMRC may check your holiday snaps on social media for tax purposes | Personal Finance | Finance

Brit tourists have been issued a stark warning that HMRC could be rifling through their summer snaps as part of a tax compliance crackdown. Tax experts caution users about flaunting extravagant lifestyles on More...

By admin On Thursday, July 25th, 2024
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Thousands rush to take advantage of Sainsbury’s TikTok voucher error | Personal Finance | Finance

Sainsbury’s is at the centre of a Tiktok voucher issue which has seen shoppers slash hundreds of pounds from their bills. A number of TikTok and other social media accounts have been sharing copies of a money More...

By admin On Wednesday, July 24th, 2024
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Barclays customer alarmed as account suddenly closed and he is barred | Personal Finance | Finance

A Barclays customer was shocked to discover their account had suddenly closed with the bank saying they could no longer use its services. The man’s father contacted the bank over X to voice their outrage More...

By admin On Tuesday, July 23rd, 2024
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Martin Lewis’ 3 rules that make credit card ‘more powerful’ than debit | Personal Finance | Finance

Martin Lewis slammed the social norms around credit cards in his BBC podcast as the Money-Saving Expert explained a unique way of using them to bypass the debt aspect and make it “more powerful” More...

By admin On Monday, July 22nd, 2024
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Martin Lewis sends stark warning to everyone with a mobile phone | Personal Finance | Finance

Martin Lewis, founder of MoneySavingExpert.com (MSE), has warned that mobile and broadband customers could still face mid-contract hikes in their bills. This is despite a new rule banning sudden mid-contract More...

By admin On Sunday, July 21st, 2024
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Man baffled as he wrongly receives dozens of HMRC letters | Personal Finance | Finance

A man was bemused to keep wrongly receiving letters from HMRC to his home despite his efforts to stop the issue. He reached out to the tax body over X pleading for help to stop the constant letters. He said: More...

By admin On Saturday, July 20th, 2024
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Martin Lewis gives exact date all your student loan debts will be cancelled | Personal Finance | Finance

Martin Lewis has explained exactly when your student loan will be automatically cancelled – and the answer is pretty complicated. Millions of people will never repay their student loans, which aren’t More...

By admin On Friday, July 19th, 2024
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Expert warning over ‘nightmare’ state pension means-testing proposal | Personal Finance | Finance

An expert has addressed the rising concerns that the new government could introduce a means-testing aspect to the state pension, which would render some people ineligible. Some have raised concerns with financial More...

By admin On Thursday, July 18th, 2024
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Bank customer’s fury at ‘unhelpful’ service as he can’t make deposits | Personal Finance | Finance

A Santander customer left without a local branch was infuriated to discover he had reached a limit for making deposits. The man contacted the bank over X, formerly Twitter, after he was unable to pay in the More...