tax payers

tax payers

George Osborne Tax Relief Pensions

More Tax Relief Cuts – Could you lose a third of your pension in tax changes?

18 January, 20160 Comments
Osborne’s plans that may see workers lose out on tens of thousands of pounds   George Osborne is trying to save billions by dramatically cutting the amount of tax relief the Government offers or even scrapping it altogether; causing middle class savers to lose up to a third of their pension pots. Workers currently earning
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Want a mortgage? Don’t eat steak!

12 May, 20140 Comments
It emerged last night that mortgage applicants are being asked ‘Spanish inquisition’ style questions, including whether they play golf or eat steak. Some interviews have lasted up to 3 hours where applicants have been quizzed over the price of haircuts, their plans for more children and even their hopes of a pay rise. These questions
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Lifestyle quiz to secure a mortgage comes into force today

26 April, 20140 Comments
From today, new rules come into force that mean borrowers across the EU will be refused a mortgage if they fail a standard affordability assessment. According the the Financial Conduct Authority (FCA) the Mortgage Market Review (MMR) will ‘put common sense at the heart of the mortgage market and prevent borrowers ending up with a
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Government says benefit claimants more responsible than workers

31 March, 20140 Comments
The majority of the Mortgage Market Review changes will come into effect on 26th April 2014, where new rules will mean that borrowers across the EU will be refused a mortgage if they fail a standard affordability assessment. Please read : Mortgage Market Review explained by the FCA. Please read : How will the Mortgage
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Tougher action to tackle troubled families.

11 June, 20126 Comments
Over the weekend Eric Pickles, Secretary of State for Communities and Local Government, has called for tougher action on troubled families – aiming to ‘turn around’ 120,000 troubled families nationally by the end of this Parliament, cut crime & unemployment significantly and also cut the cost to tax payers. The Communities Secretary said: ‘Sometimes when
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