Savings

HMRC warns of date for making extra NI shortfall payments

HM Revenue and Customs (HMRC) has reminded some people that, if they wish to take advantage of the chance to top up more than six years of their NICs, they need to act quickly.

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New business regulations come into effect this April

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October.

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Pension tax changes criticised for their inefficiency

Plans by the government to raise taxes on the pension contributions of high-income individuals has been described as inefficient.

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The retired facing 'complex' tax regime

The tax system for people in retirement has been described as being too complex, and, as a result, too many older people overpay their taxes.

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ISAs attract women and young savers

More women and young people have been turning to Individual Savings Accounts (ISAs) since their introduction, new research suggests.

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Outlook for savers worsens as inflation rises again

Savers are likely to see a further drop in the value of their money following January’s sharp rise in the rate of inflation.

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Pension cut-off date approaching

Pension savers who wish to use their retirement pots sooner rather than later will need to act quickly if they are not to be faced with a five-year wait.

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Pension incomes hit by significant decline

Retirement incomes have seen a sharp fall over the past ten years, a new study has revealed.

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