Newer self-employed eligible for SEISS but millions remain excluded 

Newly self-employed people will be breathing a sigh of relief today as the Chancellor confirmed that those who traded between and have completed a tax return for 2019 to 2020 are eligible for help.   The group, which includes more than 600,000 people who went self-employed last year, was unable to access the first three instalments … Read more

Elderly women owed a stunning £3BILLION in state pension by DWP

Elderly women will be potentially handed back a ‘mindnumbing’ £3billion in underpaid state pension in a scandal discovered by former Pensions Minister Steve Webb and This is Money. The huge bill for shortchanging women on their pensions for decades was revealed by the Office for Budget Responsibility alongside the Budget announcements today. The sum owed … Read more

Treasury plans to reintroduce Lifetime Isa withdrawal penalty in April

Campaigners have reacted with dismay to the news the Treasury does not plan to reduce the Lifetime Isa withdrawal penalty for another 12 months. The news means aspiring first-time buyers will again be charged their own money from April to raid their house or retirement deposits if they run into financial difficulty and need to … Read more

New cohort of self-employed are now eligible for SEISS but millions still remain excluded 

Newly self-employed people will be breathing a sigh of relief today as the Chancellor confirmed that those who traded between and have completed a tax return for 2020 to 2021 are eligible for Covid subsidies.  The group, which includes more than 600,000 people who went self-employed last year, was unable to access the first three … Read more

A business Budget: Super deductions and freeports are coming

Business has been placed at the heart of today’s Budget and the Chancellor has announced a number of sweeping changes to try and bolster jobs and investment up and down the country. Among a string of big-ticket announcements, we now know there’s a surprise new ‘super deduction’ plan on the way, corporation tax is going … Read more

Government to spend £5m on new ‘hydrogen hub’ and £20m on offshore wind farms

Government to spend £20m on offshore wind farms and £5m on ‘hydrogen hub’: The Budget funding helping UK reach net zero emissions In Budget speech, Rishi Sunak says £20m will go to offshore wind technology Another £4.8m will support the development of a hydrogen hub in Wales  The Government target is for the UK to … Read more

Elderly women owed a stunning £3BILLION in state pension by DWP

True scale of the underpaid state pension scandal revealed: Elderly women owed a staggering £3BN by DWP after our campaign unearthed the blunder Staggering bill for shortchanging women on their pension now revealed   OBR includes figure for correcting state pensions in document accompanying today’s Budget It’s ‘truly mind-numbing’ says Steve Webb, who launched investigation … Read more

Stamp duty holiday extension calculator: How much will you pay?

Stamp duty holiday extension calculator: How much tax would you pay and what could you save? By Simon Lambert For This Is Money Published: 14:52 GMT, 3 March 2021 | Updated: 14:52 GMT, 3 March 2021 The stamp duty holiday deadline will be extended from 31 March to 30 June 2021, the Chancellor said today … Read more

New NS&I ‘green bonds’ likely won’t pay savers best buy rates

The Treasury’s much anticipated ‘green savings bonds’ could be a major disappointment for rate-starved savers, amid projections that they could raise just a few billion pounds. Chancellor Rishi Sunak announced in the Budget that everyday Britons would be able to help fund the country’s green recovery from the pandemic through bonds offered by National Savings … Read more

New 5% deposit mortgages: Which lenders will offer them and when can I get one? 

The Government has announced a plan to guarantee mortgages with five per cent deposits, encouraging banks to lend to those with smaller savings pots. In today’s Budget, Chancellor Rishi Sunak confirmed that the Government would back the home loans, which will be available on homes costing up to £600,000.  The scheme will begin in April … Read more