If you're a wannabe first-time buyer aged 16 or over, from this Autumn the Government will give you a cash boost towards buying your first home if you save into a new type of ISA, it was announced in today's Budget.
The majority of people will get a small tax cut over the next few years, under changes to the personal allowance announced by Chancellor George Osborne today. Meanwhile, you'll need to earn more to pay the higher rate tax.
Pensioner Bonds will pay market-leading rates of 2.8% on a one-year bond and 4% on a three-year bond from January 2015, the Treasury has revealed today.
Many pensioners are missing out on a higher retirement income as annuity providers aren't doing enough to encourage customers to check if they can get a better deal elsewhere, the Financial Conduct Authority (FCA) has said today.
From today millions of people will begin to receive their first annual tax statement in the post, a document that sets out exactly how much they pay in to the Exchequer and how that money is spent.
People aged over 55 will be able to dip into their pension pot like a bank account as part of the Government's drive to give people greater freedom over retirement savings.
Savers will be able to pass on money in their pension pot tax free to their children and grandchildren upon their death, after Chancellor George Osborne announced that he will abolish a 55% penalty tax for some groups.
29 September 2014
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