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Households reveal most likely cash headaches in next 12 months

Households reveal most likely cash headaches in next 12 months March 14, 2021, 2:47 am Some 85% of people have money worries about the next 12 months. Picture posed by model (Dominic Lipinski/PA) Nearly nine in 10 (85%) people are concerned about their finances in the coming 12 months, a survey has found. Using savings to make ends meet, money lost from investments and having a reduced income, and a job loss top the list of money worries, according to Prudential. Concerns further down the list include social care and health costs, not saving any money, getting into debt, having to support people financially, not being able to retire as planned and having to ask parents or other family members for financial support.

Households reveal most likely cash headaches in next 12 months

Households reveal most likely cash headaches in next 12 months
eveningexpress.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eveningexpress.co.uk Daily Mail and Mail on Sunday newspapers.

UK freezes personal tax thresholds until 2026

Income tax, pensions lifetime allowance, IHT and CGT all hit by the move Chancellor of the Exchequer Rishi Sunak has unveiled the UK’s budget for 2021-22. But Sunak was more gentle in his approach to paying off the country’s covid-19 debt – currently at around £407bn ($566bn, €470bn). Some personal tax thresholds will increase according to CPI rates for the 2021-22 financial year and then be frozen until April 2026, while others will remain at their current rates for the next five years. “This budget is not the time to set detailed fiscal rules,” Sunak said while presenting the plans to the house of commons.

Budget 2021: UK freezes personal tax thresholds until 2026

Budget 2021: UK freezes personal tax thresholds until 2026
portfolio-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from portfolio-adviser.com Daily Mail and Mail on Sunday newspapers.

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