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Children Do Pay Tax On Their Income And SavingsiExpats.comThe truth of the matter is children pay no tax if they earn less than the personal income tax allowance – which is £11,000 for the 2016-17 tax year. If a parent tries to offload some earnings to reduce their personal tax ... The money is not lost even ...
BBC NewsTax warning over unlocked pensionsBBC NewsSome people are being hit with an unexpected tax bill after unlocking their money from a pension pot, according to Citizens Advice. Others are facing reductions in welfare payments owing to the income received by releasing the funds. The so-called ...and more »
Mirror.co.ukBrits banish Brexit fears with massive £291million credit card splurge - but experts warn of future problemsMirror.co.ukHouseholds slapped £291million more on their credit cards than they repaid in July, according to figures from the British Bankers' Association. The jump, up nearly a fifth on July 2015, came despite reports that consumer confidence had tanked in the ...and more »
Money Briefs: UK banks' approval of mortgages downThe Straits TimesLONDON • The number of mortgages approved by British banks last month fell to its lowest in a year, but robust credit growth added to signs that the Brexit vote has had little impact on consumers so far, industry data showed yesterday. British banks ...
Telegraph.co.ukRock-bottom interest rates are tearing up Britain's steady investment cultureTelegraph.co.ukFor over 150 years, the UK economy has defied Marx by turning workers into capitalists. What now? ... One is that hard work, thrift and long-term planning should be rewarded in return for the public being asked to take control of their personal ...
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