Housing Benefit: Changes must be reported to the DWP ‘straight away’ to avoid payment stop | Personal Finance | Finance

Housing Benefit is intended to help those who are unemployed, or who are claiming particular benefits. While it is being replaced by Universal Credit, this is an incremental process, which means many are still actively claiming the sum from the Department for Work and Pensions (DWP).There is no set amount of Housing Benefit which has been outlined More...

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By admin On Saturday, December 5th, 2020
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Mortgage free at 42: Homeowner shares her ‘secret’ to paying off her mortgage | Personal Finance | Finance

Treating oneself here and there is a decision some may take for a wealth of reasons – but it seems non-essential spending soon adds up. Staggeringly, analysis has found British households could save nearly More...

By admin On Friday, December 4th, 2020
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Attendance Allowance may increase other support – rates and bow to claim explained | Personal Finance | Finance

The payment is not means-tested, meaning income or how much a person has in savings won’t impact how much they can get. Furthermore, someone doesn’t need to have to care for them in order to claim. That More...

By admin On Friday, December 4th, 2020
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Cashless society warning: Government is ‘fragmented’ over cash access – changes demanded | Personal Finance | Finance

This report caught the attention of Peter McNamara, the CEO and Founder at NoteMachine, who shared some of his own recommendations: “Much has been said about a commitment to protect access to cash but there’s More...

By admin On Friday, December 4th, 2020
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American Express relaunches Shop Small offer for Amex customers in December 2020 | Personal Finance | Finance

The COVID-19 lockdowns have boosted the nation’s love for UK small businesses, research commissioned by American Express and Small Business Saturday UK suggest. The survey found 59 percent of Britons saying More...

By admin On Thursday, December 3rd, 2020
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Martin Lewis gives his verdict on which Premium Bonds savers are most likely to benefit | Personal Finance | Finance

Martin Lewis and Angellica Bell were on hand to cover a wealth of money matters throughout the programme. During the latest episode of the ITV money show, the presenters addressed the recent rate cut to Premium More...

By admin On Thursday, December 3rd, 2020
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Child Benefit warning: Parents could accidentally waste state pension entitlement boost | Personal Finance | Finance

Child Benefit isn’t a means-tested benefit, meaning a person who is responsible for bringing up a child who is either under 16 or under 20 if they stay in approved education or training can get it. Claiming More...

By admin On Thursday, December 3rd, 2020
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PIP: DWP confirms claimants will receive a Christmas bonus payment – full details | Personal Finance | Finance

If a person believes they are entitled to receive the bonus, but have not, they are encouraged to reach out to certain authorities. The Jobcentre Plus office or pension centre which deals with a person’s payments, More...

By admin On Thursday, December 3rd, 2020
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PIP: When will I have to claim PIP instead of DLA? | Personal Finance | Finance

Personal Independence Payment (PIP) was subject to change recently after a Supreme Court ruling meant many thousands could be entitled to claim at a higher rate. PIP was first introduced in 2013 and 1.7 million More...

By admin On Wednesday, December 2nd, 2020
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Self-Assessment Tax Return warning: HMRC imposed £108m in penalties last year | Personal Finance | Finance

They have also increased the maximum tax liability threshold of these online arrangements from £10,000 to £30,000. Time to Pay arrangements allow individuals to stagger repayments of their outstanding tax More...