Newsroom

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The Financial Conduct Authority’s (FCA) latest business plan reveals the regulator is to push ahead with initiatives to ensure the pensions market meets consumers’ needs. Published on Wednesday 17 April, the document reveals the FCA’s...
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The Ministry of Defence has announced it will extend its protection from tax hikes for military personnel in Scotland. Last year, the Defence Secretary announced that it would provide financial mitigation for over 8,000 troops in Scotland in a bid to counter...
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Loose Women presenter Kaye Adams has won a tax case surrounding her employment status against HM Revenue & Customs. The tax authority contended that Ms Adams was a BBC employee rather than a freelancer, and as such, the IR35 law should apply. However,...
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Women with lower education levels could lose up to 25% of their monthly pension entitlement as a result of the UK government’s pension age reforms and the move to contribution-based pension schemes. The EXTEND project, conducted by the International...
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The number of buy-to-let mortgages used to purchase new properties dropped by almost 8% year-on-year in February, according to figures from UK Finance. The trade body noted that just 4,800 buy-to-let purchase loans were completed in the second month of 2019,...
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Information from the UK government has revealed that council tax bills are set to increase in 2019/20, with homes in band D expected to pay around £78 more this coming year. Owners of homes that were worth between £68,000 and £88,000 in 1991...
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Mutual insurer Royal London has published research showing that over half a million people are losing out financially due to paying unnecessary tax on their state pensions. The company found that roughly 950,000 out of the 1.1 million people in the workforce...
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HMRC has won a major court victory against tax avoidance after a court ordered Hyrax Resourcing Ltd to disclose the details of a scheme the company had been running that allowed 1,180 high earners to go without paying the government the correct amount. Hyrax...
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More than three-quarters of women in the UK (77%) have no idea about how much pension money they will need in order to have a comfortable retirement, while seven out of ten do not know if they have enough to stop working. A study conducted by Good...
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Around one in six people in the UK may have paid more to HM Revenue and Customs than they needed to due to making errors in their self-assessment tax returns. A study by Which? found that 16% of people said they had made a mistake on their return that...