Category : Finance Banking


Two Million Face HMRC Fines as Tax Deadline Nears

HMRC will issue fines to two million taxpayers who missed the self-assessment deadline, with only 10 million of 12 million expected returns filed. Experts warn of penalties and high interest rates.

Vinted Seller Slams HMRC Over Tax Report

A Vinted seller has expressed outrage after receiving an HMRC tax report from the platform, claiming she's already paid tax on personal possessions sold at a loss.

UK Smart Meter Compensation: £40 for Delays

UK households with smart meters will receive £40 compensation for installation delays and faults under new Ofgem rules. Automatic payments apply for 90-day failures and six-week appointment waits.

Two Million Missing Full State Pension

Just Group research reveals 2 million pensioners receive reduced state pension due to NI gaps. Experts urge checking records and exploring voluntary contributions.

HMRC Brown Envelopes Sent to 1.3 Million People

More than 1.3 million individuals have received HMRC tax demands via brown envelopes, a sharp rise from 675,000. Experts cite frozen tax thresholds and state pension increases as key drivers.

NatWest Offers 6x Income Mortgages Following Rivals

NatWest has become the latest major UK bank to offer mortgages up to six times a borrower's income, following similar moves by Barclays and Nationwide. This could allow higher earners to borrow significantly more for property purchases.

HMRC Deadline: UK Households Face Penalties

UK households must file self-assessment tax returns by midnight Saturday to avoid HMRC penalties including £100 fines and daily charges, with experts urging immediate action.

Santander Closing 44 UK Branches

Santander announces closure of 44 UK branches, citing digital banking trends. The bank will deploy Community Bankers and maintain 305 branches nationwide.

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