Rising bank interest rates have brought good news for UK savers, but there’s a catch. In 2025, HM Revenue and Customs (HMRC) is cracking down on savings tax, and anyone with £2,500 or more in savings could face a surprise tax bill. With the Personal Savings Allowance (PSA) staying the same and interest rates climbing … Read more
As 2025 kicks off, drivers across the UK are in for some big surprises with new traffic fines and law changes. The government has rolled out updates to tackle road safety, cut down on congestion, and push for greener driving. These aren’t just small tweaks, they’re set to change how we hit the roads. From … Read more
Big news for UK pensioners: HM Revenue and Customs (HMRC) has confirmed a one-off £300 deduction from certain pensioners’ bank accounts starting in August 2025. This move is part of a government plan to recover unpaid taxes or overpaid benefits. Not everyone will be affected, but those who owe money could see this amount taken … Read more
Great news for UK pensioners! The government has just said yes to giving free TV licences to everyone of State Pension age, starting in 2025. No more paying the £169.50 yearly fee to watch telly or use BBC iPlayer. This big change comes after years of campaigns pointing out how tough it’s been for older … Read more