A phased end to the stamp duty holiday and a government guarantee for 95% mortgages will turn “generation rent” into “generation buy”, the chancellor claimed on Wednesday. Rishi Sunak said the stamp duty holiday he announced last summer had “helped hundreds of thousands of people buy a home and supported the economy at a critical…
We can hardly call them “stealth tax rises” this time around, as the chancellor was at pains to spell out the impact of his decision to freeze both personal allowances and the amount you can put in your pension over your working life. But for many people the increases outlined in the budget may remain…
How will the budget affect you? The chancellor, Rishi Sunak, has delivered his 2021 budget after a year of economic turmoil caused by Covid-19. Stressing the “profound damage” done to the UK economy by the pandemic, Sunak outlined taxes on companies and workers to help repair public finances. Recognising it would take time for growth…
Single, no children Unemployed View image in fullscreen 2020-2021 They receive jobseeker’s allowance of £74.35 a week (£58.90 if aged 16-24). Housing benefit eligibility will depend on the size of the property they rent and where they live. 2021-2022 As part of an overall increase to benefits of 0.5%, their jobseeker’s allowance has gone up…
The limit on contactless spending in the UK is set to rise to £100, although the change may not be rolled out to shops until later in the year. The limit on tap-and-go card spending was increased to £45 last year as retailers sought ways to cut the need for physical contact in shops amid…
I fancied one of those KitchenAid mixers that Mary Berry uses and, wanting to avoid Amazon, I ordered it directly from the company’s website. The system failed as I was paying, so I began again. Seconds later, an email arrived confirming I had ordered two mixers at £500 each. I called customer services immediately and…
