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Inherited property faces "120, 000 tax bill under reforms
5+ hour, 54+ min ago (551+ words) Property owners and investors could face substantially higher capital gains tax bills on inherited assets if proposed reforms are implemented, according to analysis from wealth manager Rathbones. The research examines two potential policy changes: removing the capital gains tax uplift…...
Inherited property could face "120, 000 capital gains tax hit under proposed reforms
6+ hour, 1+ min ago (982+ words) Families and property investors could face significantly higher Capital Gains Tax (CGT) bills if an Andy Burnham-led government adopts reforms currently being discussed, according to new analysis from wealth manager Rathbones. The report examines the potential impact of two proposals:…...
Halifax customers urged to 'do one thing' before Lloyds switchover
1+ hour, 1+ min ago (459+ words) Halifax customers are being told that they 'need to do one thing' before the brand is replaced by Lloyds. It was announced earlier this month (July 1) that the Halifax name, which is 173 years old, will be phased out by owners…...
Metro Bank offers 100% mortgage to first-time buyers
1+ hour, 24+ min ago (1273+ words) Metro Bank is offering first-time buyers a 100 per cent mortgage, meaning they can get on the property ladder without needing to save a deposit." However, they will need their parents to be added to the mortgage in order to get…...
Automatic "150 bonus payments confirmed for Universal Credit claimants
3+ hour, 43+ min ago (251+ words) Millions of benefit claimants will get an extra financial boost later this year. The "150 bonus has been confirmed by the Government as part of an extension to the Warm Home Discount scheme. The support is now offered to all households…...
Chase Bank closing all 4, 700 branches for this weekend in 24-hour blackout - AOL
6+ hour, 33+ min ago (16+ words) Chase Bank closing all 4, 700 branches for this weekend in 24-hour blackout AOL. com...
Hidden Bank Fees Drain KES 16, 500 Per Trip From Holidaymakers Amid Rule Changes
2+ hour, 7+ min ago (293+ words) The Co-operative Bank eliminates its 2. 75% foreign transaction fee as data reveals hidden banking costs drain GBP 100 (KES 16, 500) from the average traveler. A comprehensive financial survey tracking 2, 000 adults who frequently travel abroad revealed that 43 percent of holidaymakers blow past their strict…...
Offering discounts for skyrocketing Florida homeowner insurance premiums hurts poorest
1+ hour, 57+ min ago (100+ words) Intelligent Insurer - Offering discounts for skyrocketing Florida homeowner insurance premiums hurts poorest Discounting household insurance premiums in Florida to offset rising insurance costs, providing homeowners make their houses extreme weather-resilient, hurts the poorest. To request a FREE 2-week trial subscription,…...
Ofgem shares rules over 'backbilling' - you could get refund
3+ hour, 36+ min ago (326+ words) Millions of households have been urged to check their rights following an alert from the energy regulator. While customers are required to settle a correct bill, Ofgem states that suppliers are typically prohibited from billing for energy consumed more than…...
Millions of UK investors in the dark about how much they pay in fees
16+ hour, 36+ min ago (519+ words) Hidden charges can knock thousands of pounds off savings over a period of years Millions of UK investors are still struggling to understand how much they pay to invest despite years of regulatory reforms aimed at making fees more transparent,…...