
The new personal savings allowance means some will be better off earning LESS interest
Until now for every £100 of interest a basic-rate taxpayer earns outside an ISA, the taxman takes £20. Yet on 6 April, the savings landscape changes. The new personal savings allowance (PSA) means ALL basic-rate taxpayers will be able to earn £1,000 a year interest on all savings, higher rate £500, tax-free. But within the way this works...

Council tax, 20 years since it was valued: a flawed system no one’s brave enough to sort out
Take a look at the back of your council tax letter, you’ll see that what band you’re in depends on the property’s value on 1 April 1991, twenty years ago today. This valuation was done in ‘second gear’ by estate agents and others driving past. It was a stop-gap measure, but in England and Scotland it’s...

Parking Fines. You can reclaim them…
Last December I was hit by a stonking great parking fine. It was £60 for parking opposite a sign that effectively said “no parking until 6.30pm” – outrageously my fine was for parking there at 6.35pm. I blogged back then that this would be the first of my reclaim campaigns I would actually be using myself (see...

My first reclaim: Unfair Parking Ticket.
Update Note: To find out what happened see the Parking Fines: You can reclaim them… blog. After all these years of reclaiming campaigns like bank charges & PPI I have never actually needed to do a reclaim myself. Until now. I received an outrageous parking ticket the other day for £120 (£60 if paid within 14 days)....
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Recent Blogs
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Martin Lewis: The one thing everyone aged over 66 needs to know
17 June 2022It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills. -
Martin Lewis: What I asked the Chancellor to do when I spoke to him on Monday...
26 May 2022With the announcement of the Government's energy cost of living plans due out at lunchtime. I thought I'd speedily bash out a note down of what (from memory) I'd asked the Chancellor for when we spoke on Monday - and the other general suggestions I've been making. -
Martin Lewis: Got a cash ISA? You should probably ditch it
24 May 2022Press the rewind button and go way back to April 2015... Possibly on the telly in the corner of your living room, I was on-air at the time urging savers as usual to use their new tax-free cash ISA allowance – because 'money was nicer in an ISA'. But things changed in 2016. -
Martin Lewis: 'UO is just as important as UX: A tip for anyone developing their website or app'
6 May 2022I set up MoneySavingExpert.com nearly 20 years ago – when arguably the modern web was still in its infancy. With an abundance of self-belief (something I had too much of then, as I realise now) I decided not to read any books, or follow prevailing wisdom on how a site should operate – and just do it my way.