Lifetime Isa penalty could still be 25% until HMRC updates systems in June

Lifetime Isa savers may still lose their own money to tap savings… as the taxman proves slow to update its system after rule change victory The Treasury is cutting the Lifetime Isa penalty from 25% to 20% until April 2021 Savers who need to access the money now won’t be charged their own money They … Read more

Will Covid-19 survivors face a lifetime of illness like those who battled polio?

Crushing fatigue. Lung and heart damage. Strokes. Even brain damage. These are just a few of the frightening complications of coronavirus that indicate infection could, in some cases, lead to long-lasting, debilitating illness in those who survive it, a growing number of doctors are claiming. Data gathered by UK researchers suggests primary symptoms themselves can come … Read more

HMRC not keeping records of how much lifetime allowance savers use

Fears over pension tax timebomb: HMRC not keeping records of how much lifetime allowance savers use By Ben Wilkinson for the Daily Mail Published: 22:00 BST, 10 December 2019 | Updated: 09:31 BST, 11 December 2019 More than one million retirees could be oblivious to a looming tax bill because the Government is not keeping … Read more

Our thousand-mile trip of a lifetime across the African bush to track elephants

When Planet Earth film-maker Vanessa Berlowitz moved from Bristol to Botswana with her husband and young son to track elephants across 1,000 miles of African bush, she knew it would be an adventure. She just didn’t realise how life-changing it would be   I woke to what sounded like a giant fire hose spraying against our … Read more

Treasury will reduce Lifetime Isa penalty to 20% until next April

Victory! The Treasury will now allow aspiring first-time buyers to tap into their Lifetime Isas without penalty – four days after we raised concerns On Tuesday, we reported young savers would be penalised The DWP expects people to use Lifetime Isa cash before they can get benefits But the Treasury did not adjust the 25% … Read more

Campaigners call for Treasury to review Lifetime Isa penalty

Thousands of aspiring first-time home buyers who run into financial trouble due to the coronavirus pandemic could have to pay the Government hundreds of pounds to access house deposits before they are eligible for benefits. The Department for Work and Pensions says Lifetime Isa savings are included in the means test for Universal Credit, but … Read more

How to plan a trip of a lifetime while in coronavirus quarantine from Antarctica to New Zealand

Someday, sometime in the future, the flip-flops, passports and swimsuits will come into their own once more.  It will be a chance to make up for lost time — an opportunity to take that holiday you’ve always promised yourself.  So here are ten of the greatest trips of a lifetime . . . Splendours of … Read more

The most serious story of my lifetime – and I looked like a human pumpkin…

WEDNESDAY, APRIL 1 In the spirit of April Fool’s Day, I accidentally selected the wrong make-up in the Good Morning Britain studio at 5am today (we’re self-facially-decorating now) and painted myself bright orange. I only realised when viewers bombarded me on Twitter with pictures of my head next to one of perma-tanned President Trump with … Read more