Homeowners reluctant to sell to cover care costs

Most people want to exclude their main home from the assets they may be required to sell to fund care costs for themselves or loved ones. Research from Aegon found that 57% of people were unwilling to sell the family home to pay for care costs, while 68% agree the...

Pensions dashboard could be scrapped

A plan to provide retirement savers with a facility to see all their pension plans in one place is believed to be under threat, according to a report. The online pensions dashboard was proposed in 2016 by former Chancellor George Osborne and received widespread...

Deadline reminder: payments on account

If you've started working as a sole trader, landlord or business owner in 2016/17, you might be unfamiliar with the payments system for your self-assessment tax return. Rather than paying your entire tax bill in one go, you'll be required to make 2 advance payments...

How to save for your first home

Rising house prices have made buying a first home a challenge for many people, but there are signs that first-time buyers could be on the increase. A report by UK Finance found that in May 2018, 32,200 new mortgages were completed by first-time buyers - up 8.1% on the...

OBR sparks tax hike speculation

Tax hikes may be in the pipeline in Autumn Budget 2018 following the prime minister's pledge to significantly increase spending on the NHS, according to the UK's fiscal watchdog. The Office for Budget Responsibility (OBR) said the long-term outlook for the UK's public...
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