Money /

Tax

  • Universal Credit, does it add up?

    Universal Credit: Does it really add up?

    The UK is awash with cases of single parents effectively punished for choosing to work, and with the age threshold for children of single parents wanting to claim income support now lowered to just 5 years old, an alternative system can’t be introduced quickly enough for many struggling single parent families. The current administration clearly

    Read More
    The real cost of benefits in the UK

    The real cost of benefits in the UK

    The benefits system in the UK has been under scrutiny for a long time, every government promises to make changes and every government fails to keep up with the high levels of demand. As a working parent it can be hard to find the right balance between work and child care can be a stressful

    Read More
    Lone working parent

    Lone Working Parent Benefits: What are you entitled to?

    As a busy lone working parent doing it all on your own, you may not realise just how much financial assistance the Government actually provides.  Working lone parents are entitled to a variety of benefits, many of which are easy to apply for. Our handy guide has been designed to help you discover what financial

    Read More
    debt epidemic in UK

    Why am I paying Emergency Tax?

    If you suddenly find yourself paying emergency tax, this is likely to be because HMRC doesn’t know enough about your income or tax details for the full tax year. This usually happens if: You have started a new job and haven’t got a P45 from your previous employer for the same tax year You have

    Read More
    Jobsharing: How does it work

    The New Workplace Pension Scheme

    You may have heard people talking about the new Workplace Pension Scheme which came into force in October last year, but what exactly is it and how does it work? How does the Workplace Pension Scheme work? Millions of workers will be automatically enrolled into a pension scheme through their employer over the next few

    Read More
    HMRC logo, emergency tax

    National Insurance Payments: How is the money used?

    I remember clearly the day that I got my National Insurance card. This is probably showing my age, I’m not even sure that they even issue them anymore! When my little card detailing my National Insurance number arrived in the post it was like a milestone of growing up. Plus I still have it to

    Read More