𝗛𝗼𝘄 𝗨𝗞 𝗜𝗻𝗰𝗼𝗺𝗲 𝗧𝗮𝘅 𝗔𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗪𝗼𝗿𝗸𝘀 (𝗔𝗻𝗱 𝗪𝗵𝘆 𝗬𝗼𝘂 𝗦𝗵𝗼𝘂𝗹𝗱𝗻'𝘁 𝗙𝗲𝗮𝗿 𝗮 𝗣𝗮𝘆 𝗥𝗶𝘀𝗲!)
Ever stared at your payslip and wondered where all your hard-earned money went? You see a great salary on your job offer, but the amount that actually lands in your bank account is a lot less. Today, we are solving that puzzle for good.
#UKTax #IncomeTaxExplained #PAYE #PersonalFinanceUK #UKMoney #TaxCode #FinancialLiteracyUK #PayslipExplained
Is there a good take-down of "Rich Dad, Poor Dad" book?
HMRC Needs to Change
Nationwide: 'Cash payments making a comeback as people budget'
Santander reviews UK retail banking presence amid broader assessment, source says
Mortgage Brokers red flags
We’re looking at buying a house, and we’ve so far started talking with pretty much the first mortgage advisor that got back to us, from a recommendation of an estate agent. He’s part of Countrywide Mortgage Services which in itself is completely fine, and I don’t think there’s anything shady going on, but I feel like we’re being rushed and heavily pressed into moving as quickly as possible into booking viewings, buying into “mortgage protection” (basically life insurance packages with loads of bollocks on top) and it’s giving us a bad taste after our last two meetings with him. At the same time, he’s shown us the portal he uses for finding mortgage rates and its clear we’d save more than the £700 price for his services, and we definitely do want someone to help handle the process for us, but are they meant to feel as pushy as car salesmen?
Nationwide’s £2.3bn takeover gain prompts criticism of Virgin Money bosses
Monzo Bank found to have breached UK banking regulations
Britain's TSB bank fined for unfair treatment of customers
> Britain’s TSB bank (SABE.MC [http://SABE.MC]), opens new tab has been fined 10.9 million pounds ($14.25 million) for failing to ensure customers in arrears were treated fairly, the markets watchdog said on Thursday. > >The bank, which has paid 99.9 million pounds in redress to 232,849 mortgage, overdraft, credit card and loan customers affected, also lacked suitable systems and controls to secure fair outcomes, the Financial Conduct Authority said. > > The regulator ordered an independent review in 2020 into how the bank treated customers who fell into arrears, finding it risked agreeing unaffordable payment arrangements or charging inappropriate fees. > >“TSB’s woeful systems and controls exposed its customers to risk of harm and meant it missed opportunity after opportunity to do the right thing,” said the FCA’s co-head of enforcement and market oversight, Therese Chambers.
Are there many folks on Mastodon that post about #PersonalFinance? And specifically #UKPersonalFinance?
(I feel like #PersonalFinanceUK would be the better hashtag to use)
I know @MartinLewis was on here but it seemed his last post was in December 2022
Dariusz Więckiewicz
Makan
Mex
merthyr1831
ᴇᴍᴘᴇʀᴏʀ 帝
Akash Goswami