HMRC has repaid £1.8 million in tax penalties to 4,885 parents who were fined for failing to register for the High Income Child Benefit Charge. The High Income Child Benefit Charge is payable by a taxpayer who has ‘adjusted net income’ in excess of £50,000...
The Resolution Foundation has carried out research which suggests that young people are ‘less likely to move around the country for a better job’ as rental costs have risen considerable The research showed that the number of people aged between 25 and 34...
Trade association UK Finance has produced research which suggests that a large amount of individuals in the UK are choosing to live a ‘largely cashless life’. Digital technology is ‘transforming the world of payment’ which allows consumers to...
Law firm RPC have published research which suggests that the average data protection fine collected by the Information Commissioner’s Office (ICO) has risen by 14% since the introduction of the General Data Protection Regulation (GDPR) just last year. The GDPR...
From May 2019, a new ‘banking code’ was implemented to give consumers ‘increased protection from criminals’. Consumer group Which? recently revealed that transfer scams cause £674 to be lost every minute. The new code requires banks and payment...
