The UK’s state pension plays a fundamental role in supporting millions of retirees. One of its most critical and often debated components is the state pension triple lock. Introduced in 2010, this mechanism was designed to ensure that the value of state pensions doesn’t fall behind the rising cost of living or wage increases. But […]
Managing payroll as a UK employer can feel like a daunting task, particularly for small businesses that lack the resources to invest in expensive software. HM Revenue and Customs (HMRC) has recognised this challenge and responded with a free, easy-to-use solution known as Basic PAYE Tools (BPT). Designed primarily for small employers with fewer than […]
Fingerhut is a well-known name among American consumers looking for flexible purchasing options. With a model built around retail credit and catalogue-style shopping, it stands out in an increasingly digital-first economy. But while many consumers are familiar with what Fingerhut offers, investors often wonder: Is Fingerhut a publicly traded company you can invest in? This […]
In the UK, your tax code determines how much Income Tax is deducted from your salary through the Pay As You Earn (PAYE) system. If this code is incorrect, it can result in you either overpaying or underpaying tax potentially leading to financial complications. That’s why knowing how to contact HMRC about your tax code […]
Klarna, a well-known name in the Buy Now, Pay Later (BNPL) industry, has faced intense speculation about its financial stability in recent years. With reports of layoffs, declining valuation, and shifting strategies, many have begun to ask: is Klarna going out of business? This article explores the facts behind the rumours, clarifies Klarna’s current position, […]
Universal Credit has undergone several adjustments since its launch, but 2025 marks a significant turning point especially for claimants receiving the Limited Capability for Work and Work-Related Activity (LCWRA) component. As part of a wider reform of the UK’s welfare system, the Department for Work and Pensions (DWP) is introducing changes that could reshape how […]
Understanding how council tax works is essential for every property owner and tenant in the UK particularly in London, where rates can vary significantly across boroughs. One of the most common questions people ask when moving into a new home or reviewing their household expenses is, “What council tax band am I?” Council tax bands […]
Tax compliance is the backbone of a fair and functional society. In the UK, individuals or businesses that deliberately avoid paying their taxes commit a serious offence known as tax evasion. HMRC offers secure, anonymous ways for anyone to report such activities. This guide explains how to report tax evasion in the UK, what to […]
Unlocking a portion of your pension without triggering tax charges can significantly enhance your retirement income. With proper planning, Reeves Independent helps individuals access up to 25% of their pension savings completely tax free.This guide explores how Reeves Independent helps clients in London and across the UK maximise this benefit with expert, personalised financial planning. […]
In the UK, many employees are required to pay annual fees or subscriptions to professional bodies in order to practise in their field or maintain industry recognition. What many don’t realise is that these costs can often be reclaimed through HMRC as tax relief. Whether you’re a teacher, solicitor, doctor, or engineer, understanding how tax […]
