HMRC admits self-assessment glitch

"A wasp in my car caused me to have an accident and my tax return, which was inside, was destroyed", one taxpayer claimed was the reason behind filing self-assessment late last year. That's just one of several far-fetched excuses used in attempts to avoid a HMRC...

Pension cold-calling ban: could you spot a scam?

It was first announced in 2016, dropped ahead of a general election, and delayed for further consultation - but finally, a ban on pension cold-calling is in force. As of 9 January 2019 , all unsolicited calls about pensions are now illegal, and companies breaking the...

Half of SMEs prefer experienced workers

People aged between 35 and 54 are at the top of the hire list for small businesses in the UK, research by Aldermore has revealed. In a survey of 1,002 SME business leaders, 50% said they would choose to hire from this age group out of all potential recruits - compared...

Average cost of life goals totals £566k

For the average person, achieving major life milestones such as buying a house, having children and saving for retirement costs a total of £566,659, research shows. According to calculations by Royal London, it would take 25 years for someone on the median graduate...

Auto-enrolment fines rise 146%

Fines issued to employers failing to comply with their auto-enrolment responsibilities have more than doubled over the last two years, a report from the Pensions Regulator shows. In 2017/18, 36,137 fines were issued to employers for not complying with the requirements...