The extent of the rush to use the up to £1,750 stamp duty break, which finished at the end of December, has been highlighted by data showing first-time buyer mortgages dived 54% in January. This followed a 25% leap in first-time buyer loans between November and December. [...]
Health Secretary Andy Burnham yesterday said he wanted to see those with bigger houses pay more to provide for the old.
Up to 17m families would be forced to pay the tax - whether or not their loved one had required any care.
A 10% tax raid would leave the relatives of middle income earners with [...]
Could I gain two £30,000 tax-free 'allowances' if the package is split into two - at the end of one tax year and the start of the next?
If I am to be a payer of basic-rate tax in the later year can I then pay tax on the second payment at basic rate rather [...]
Figures published earlier this month indicate that there are 2.8m workers who have been put on short-time working or have had their overtime cut, and many are trying to make up the shortfall.
Kate Philip, a chartered financial planner with adviser Independent Women in Edinburgh, says: 'We are seeing more clients with [...]
Listed below are the ten areas with the highest proportion of uninsured driver convictions. With uninsured driver accidents becoming an increasingly big problem for both motorists and insurers, price comparison website Moneysupermarket.com analysed almost 3 million car insurance quotes over a year and identified the places with the highest convictions. [...]
›› HOW TO CHECK AND CORRECT YOUR TAX CODE
Our investigation discovered:
• Minutes of two meetings in September 2009 showing that HMRC knew of problems with the £140m computer system. Despite this, it pressed ahead with issuing Coding Notices and, crucially, failed to warn taxpayers or employers' payroll departments;
• HMRC has made at [...]
Last week a report by independent data compiler Moneyfacts revealed that loan rates are at a nine-year high despite the Bank of England base rate being held at a record low of 0.5% for almost a year.
The best rate available on a £5,000 loan over three years is 8.9% from Alliance & Leicester, part [...]
A third of staff who have had salary reviews in the last three months have been told there will be no extra money for them, according to research. Although the majority of bosses who froze pay last year are awarding rises in 2010, there are many employees whose [...]
A further 0.6% rise in house prices in January, pushed the average price up to £169,777, the Halifax's house price index reported today. It said annual house price inflation is now 3.6%. But despite the continuing turnaround in the market since prices hit a recent low of £154,490 last April, Halifax [...]
The Centre for Economics and Business Research also said it expected the UK bank rate to remain at 0.5% until 2011.
The CEBR has revised up its housing forecasts thanks to an improvement in availability of mortgages and more loan approvals.
It also believes that interest rates will stay at 0.5% until at [...]
© 2008 Daily Financial News