State pension age changes: WASPI urges government NOT to accept age rise to 75 proposal | Personal Finance | Finance

It also proposed further increasing the state pension age to 75 by 2035. A spokesperson for the DWP told Express.co.uk: “Everyone’s State Pension age is unique to them and in 2017 we raised the future retirement age to 68 so that it is sustainable now and for future generations. “We’re creating opportunities for people of all generations More...

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By admin On Friday, August 23rd, 2019
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Can tax allowance be transferred to spouse? Some couples may save with Marriage Allowance | Personal Finance | Finance

Most people will have the standard Personal Allowance, which in the 2019 to 2020 tax year, stands at £12,500. Those with a high income may lose some or all of their Personal Allowance. In some couples, there More...

By admin On Thursday, August 22nd, 2019
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Bitcoin price news: How bitcoin could reach $50,000 SOONER than 2020 | City & Business | Finance

On December 17, 2017, Bitcoin reached an all-time high of $19,783.06 (£16,131.50) before plummeting to $13,800 (£11,252.80) on December 22. At the time of writing the cryptocurrency was priced at $10,200.07 More...

By admin On Thursday, August 22nd, 2019
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Pound euro exchange rate soars as UK-EU Brexit negotiations improve | City & Business | Finance

The French leader sparked optimism when he suggested concessions over the Irish backstop issue, a potential softening of Europe’s stance and a step toward curbing a no-deal Brexit. Mr Johnson was optimistic, More...

By admin On Thursday, August 22nd, 2019
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Pound US dollar exchange rate skyrockets as Boris Johnson meets with France’s Macron | City & Business | Finance

This uptick comes as Boris Johnson meets with French President Emmanuel Macron in Paris. GBP investors seized on comments made in a joint Q&A held in front of the Élysée Palace in which Mr Macron appeared More...

By admin On Thursday, August 22nd, 2019
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Mortgage free: How UK borrowers could avoid spending £6,000 and pay off loan 3 years EARLY | Personal Finance | Finance

A mortgage will, for many people, be a substantial financial outgoing for a number of years. However, there may be ways that can see a borrower repay their mortgage sooner rather than later. New research from More...

By admin On Thursday, August 22nd, 2019
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How to pay off debts quickly: This simple lifestyle hack could save you money | Personal Finance | Finance

In the UK, the average debt per adult totals £31,000, according to debt statistics from Finder. The figures also suggest that almost £1,000 is being spent on interest alone by Brits each year. From paying More...

By admin On Thursday, August 22nd, 2019
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Pension WARNING: 38% of savers face annual £12,000 pension shortfall | Personal Finance | Finance

While the state pension may provide some income once one has reached state pension age, a private pension pot can be something many people rely on when it comes to their retirement. From personal pensions to More...

By admin On Thursday, August 22nd, 2019
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Tax on state pension: Are you eligible for extra payment? Pension Credit is tax-free extra | Personal Finance | Finance

Income Tax must be paid to HM Revenue and Customs (HMRC) on taxable income which is greater than a person’s tax-free allowance. Some types of income will be subject to the tax, while others are tax-free. For More...

By admin On Thursday, August 22nd, 2019
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Which benefits does Universal Credit replace? Next phase of UK roll out has begun | Personal Finance | Finance

Universal Credit payments may be made to a person in order to help with their living costs, such as if they are on a low income or are out of work. The amount is made up of a monthly standard allowance, which More...

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