UK house price decline continues
The rise in mortgage rates since early 2022 has taken its toll on house prices. Source: Nationwide, ONS. In 2023, an annual fall in house prices has become an almost standard news item around the turn of the month, when Nationwide and Halifax release their latest data. For example, Nationwide reported a yearly fall of […]
Research reveals investor awareness shortfall for cryptocurrencies
A recent survey carried out here in the UK has uncovered that around 36% of investors know nothing or exceptionally little about cryptocurrencies such as Bitcoin and Monero.
New research reveals UK residents struggle with financial literacy
A recent study conducted by a UK fintech has uncovered that many consumers in the United Kingdom are confused regarding how to handle their funds. The financial literacy test posed 18 specific questions focusing on key areas individuals were likely to encounter within their lifetime, such as ISAs, investments, savings and retirement. The study surveyed […]
Now is the time to make some tax-smart moves
Tax is never a one-size-fits-all approach: each taxpayer and each year will be different. And with the new tax year this is a perfect time to carry out a tax health check and implement any planning opportunities There are a number of valuable allowances reliefs. These opportunities include, but are not limited to, these four […]
Second Self-Assessment Payment Deferment
STRENGTHENING THE SAFETY NET FOR THOSE WHO WORK FOR THEMSELVES The Chancellor, Rishi Sunak, said he will ‘strengthen the safety net for those who work for themselves’ with a package of measures to support the self-employed and freelancers, offering improved benefits and tax deferrals. If you’re due to pay a self-assessment payment on account by […]
Coronavirus (COVID-19) investment scams
If it sounds too good to be true, it probably is Fraudsters are getting more sophisticated, particularly with investment scams. They can be articulate and financially knowledgeable, with credible websites, testimonials and materials that are hard to distinguish from the real thing. However, if it sounds too good to be true, it probably is. Coronavirus […]