If you’ve recently bought clothing or shoes online and then sent them back, you might want to consider a report by the BBC, which makes a startling revelation. It shows that each year, £5 billion of waste is generated because many of the items we return are sent to landfill instead of going back to … Continued

When Ofgem increased the energy price cap in April 2022, the Guardian claimed it would result in millions of households facing an average bill of £1,971 a year for gas and electricity. Even with the government’s recent introduction of a “temporary” windfall tax on energy companies, households may face another significant price hike when the … Continued

Following the increase in National Insurance contributions (NICs) in May 2022 and the chancellor’s “temporary” windfall tax on energy firms, taxation has featured heavily in 2022’s headlines. According to the Telegraph, British taxpayers are paying more to the Treasury than ever before, so much so that the tax burden could reach the highest levels since … Continued

The ongoing impact of Covid is still very much in play affecting both the real and investment world. In addition, the awful situation in Ukraine is now amplifying the effects of Covid. There appear to be four different but connected issues affecting the global economy: 1. China’s growth prospects have been downgraded due to its … Continued

As May is the month of National Vegetarian Week, you may be looking for some fantastic non-meat dishes to enjoy with friends and family. While BBC Good Food explains that a vegetarian diet could provide a healthier way to eat and benefit the environment, a great reason to eat more vegetarian food is that it … Continued

The latest data from HM Revenue & Customs (HMRC) shows that the amount of Inheritance Tax (IHT) being paid by Britons continues to rise. Figures reveal that, between April 2021 and March 2022, the government received £6.1 billion from IHT, an increase of £700 million when compared to the same period a year earlier. While … Continued

According to the Times, an estimated 1.6 million pension pots with a combined value of £19.4 billion are lying dormant in Britain because they’ve been “lost”. Furthermore, the number could triple by 2035. One reason for this is that when people move jobs, they typically don’t take their workplace pension with them. Even when it’s … Continued

We are delighted to announce that John Wilkinson, managing director at Simple Financial Advice, has been named as a 2022 VouchedFor Top Rated adviser. VouchedFor identifies the UK’s best financial advisers based on client feedback, and is the UK’s leading review site for financial planners thanks to its easy to use online system. Typically, reviews … Continued

As the cost of living continues to rise, it’s hardly surprising that the tax changes announced by the chancellor and prime minister in 2021 have come under close scrutiny. The changes came into effect on 6 April 2022 and aim to boost the UK’s coffers after record levels of borrowing during the early stages of … Continued

According to the BBC, a leading UK think tank has warned that a typical household’s income could drop by about £1,000 this year once inflation is taken into account. It is the biggest real-time fall in income in nearly 50 years. This is echoed by the Office for National Statistics (ONS), which revealed that inflation … Continued