Category: Finance
Ofgem energy price cap to rise by 9% – here are 10 ‘cheaper’ fixed tariffs
The price cap increase could add a further £146 to annual energy bills, but some tariffs are cheaper than this prediction. …
Call to use AI to detect DWP benefit fraud and errors ‘risks mass surveillance’
The Tony Blair Institute for Global Change suggested that AI could effectively take over 40 per cent of tasks conducted by civil servants at the DWP …
HMRC issues urgent two-week warning or households risk losing benefit payments
More than 270,000 households have acted on HMRC’s alert so far. …
Brits urged to challenge HMRC fines after 73% success rate
An automatic fine is a monetary penalty issued by HMRC for those who miss a filling or payment date …
Up to 270,000 customers urged to claim £1,000 after data breach
People’s Energy went into administration in January 2021 – but those affected by the 2020 breach can still claim compensation, with administrators suggesting millions could be available …
Pension tip for high earners could save more than £8,000 a year on childcare
Experts at Moneyfarm said the eligibility for receiving free and tax free childcare is limited to households where an individual earns at least £8,670 and no more than £100,000. …
Millions face shock HMRC bill as Jeremy Hunt’s forgotten tax timebomb explodes
Two million more savers risk being dragged into HMRC’s clutches due to an overlooked tax raid by former Tory chancellor Jeremy Hunt. …
Hundreds of thousands of people missing out on £6,000 pension payout – how to claim
According to Martin Lewis’ site Money Saving Expert more then 200,000 people could be entitled to a pension payout. …
Up to £500 available for UK households through the Household Support Fund
The Household Support Fund is a form of cost of living support provided by the Department for Work and Pensions but offered by local councils …
Rachel Reeves about to unleash ‘aggressive’ tax bombshell on Brits: ‘Time to act now!
The Chancellor is pressing ahead plans to to end tax breaks for the wealthy, including those with non-domiciliary status, of whom there are now 74,000 people in the UK, Mark Ashbridge pointed out. …