There was great news for savers today as personal finances were largely untouched by reforms announced on “tax day”. Here’s your summary of the key announcements.
The chancellor is facing calls to scrap Stamp Duty. While it’s an unpopular tax, it’s likely some alternative would needed as residential property sales raise around £8.4 billion every year.
First-time buyers, have you considered financial protection? The risk could be higher than you think
Taking out a mortgage is a huge financial commitment and creating a safety net to ensure you can pay if something unexpected happens is important. One thing to consider is financial protection.