Student and postgraduate loan thresholds and rates

by tiemadmin | Jan 30, 2025 | Personal

From 6 April 2025, new thresholds for student loan repayments will take effect, impacting borrowers across the UK. Whether you're on Plan 1, Plan 2, Plan 4, or repaying a postgraduate loan, here’s a breakdown of the latest changes and what they mean for you....

Private rental deposits

by tiemadmin | Jun 27, 2024 | Personal

There are special rules under the Tenancy Deposit Scheme that limits the amount of deposit that landlords in England can request. There are also further limitations on what landlords and agents can charge tenants. If you are renting a residential property you may have...

Changes to the High Income Child Benefit Charge

by tiemadmin | May 30, 2024 | Personal

The changes to the High Income Child Benefit Charge (HICBC) announced as part of the Spring Budget came into effect on 6 April 2024. The income threshold at which HICBC starts to be charged has been increased from £50,000 to £60,000. The HICBC is charged...

Childcare Account chores

by tiemadmin | Apr 25, 2024 | Personal

HMRC’s Childcare account can be used to claim free childcare (if eligible) or pay for Tax-Free Childcare. HMRC’s sign in page for the account states that in order ‘…to keep getting free childcare or Tax-Free Childcare, you must sign in...

New employment protections

by tiemadmin | Apr 9, 2024 | Personal

New legislation, including three Government backed cross party Acts, came into force from 6 April 2024. Pregnant women and new parents will now receive special treatment in a redundancy situation, as a suite of new laws are introduced – delivering the...

Assistance with debt management

by tiemadmin | Mar 27, 2024 | Personal

Earlier this month, saw the 10th anniversary of the StepChange Debt Charity’s annual Debt Awareness Week. This is designed to shine a spotlight on the causes of problem debt. The focus on this year's campaign is looking at the main barriers to...