Premium Bonds: NS&I’s changes to payment process come into force

PREMIUM BONDS are a popular method of saving, with the chance to win significant prizes each month. With new details about December's winners revealed, an important change to payment processes has now come into force.

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Premium Bonds December 2020: NS&I announces £1million winners as changes come into force

PREMIUM BONDS holders will no doubt be hoping to wake up to good news from NS&I today, as some details about the December 2020 prize draw results are unveiled.

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Tax refund warning: Britons urged to check to see if they can claim back thousands

TAX is something many people will be familiar with, however, according to a tax expert, it may be some aren't aware that they're actually able to get a tax rebate.

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Bitcoin hits a new all-time high today as $50,000 per coin by the end of 2020 predicted

BITCOIN has just hit a new all-time high of $19,860 today smashing through its former ceiling of $19,783 recorded in December 2017 as analysts predict a bull-run until the end of the year with the price soaring to $50,000 per coin.

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Martin Lewis explains the 'big difference' to third SEISS grant as claim process opens

MARTIN LEWIS was back on the radio today, sharing his latest money insights and tips. During the segment, the founder of Money Saving Expert was asked about the Self-Employment Income Support Scheme .

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Universal Credit Housing Costs Element: What is a Universal Credit Housing Costs Element?

UNIVERSAL CREDIT Housing Costs Element is a payment which helps someone with their rent and their service charge payments. But what is Universal Credit Housing Costs Element?

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Mortgage holidays extension: Can I still claim a mortgage holiday?

MORTGAGE holidays have been essential to some homeowners during the coronavirus crisis. Can I still claim a mortgage holiday?

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State pension: Therese Coffey addresses why half a million people are missing out on boost

STATE PENSION payments rise annually each year under the triple lock mechanism, however, some pensioners do not get to enjoy the rise due to where they live.

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Pension advice: What is a Defined Benefit Pension?

PENSIONS are a payment most people receive, in one form or another, once they reach a certain age. But what is a Defined Benefit Pension?

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ISA savers losing over £100billion in cash accounts as MPs call for a break up of UK banks

ISA savers appear to be going through an apathetic and unmotivated period at the moment, as research from Quilter shows over £100billion could be sitting in cash ISAs where the rate of interest is unknown. These findings come just as a cross party group of MPs called for a break up of Britain's main banks, on the grounds they're exploiting vulnerable customers.

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Mortgage: New 90% deal launched as Bank of England data shows approvals reach 13 year high

MORTGAGE deals can be hard to come by at the moment as lenders have pulled risky products in light of coronavirus, while demand has spiked as buyers try to take advantage of stamp duty changes before it's too late. Despite this, a new 90 percent mortgage has emerged just as official statistics from the Bank of England show mortgage approvals have hit their highest levels since September 2007.

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Pension Credit: How do you report a change in circumstances?

PENSION CREDIT is a Government benefit, so how do those claiming the benefit report a change in circumstances?

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Child Benefit warning: You may be charged a higher income tax bill - impact for Britons

CHILD Benefit provides vital support to people raising children in the UK. But parents and guardians should be aware of facing a tax bill due to their claim.

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Lockdown UK: Millennials worst-hit generation while those over 65 fare best financially

CORONAVIRUS and the subsequent lockdowns have had a huge effect on the economy as income and overall output dropped dramatically, while the Government went on to spend billions to keep families afloat. These unprecedented changes have impacted people across the UK differently and new research highlights the generations struggling the most.

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Capital Gains Tax: Britons pay out millions - Rishi Sunak considers increase in levy

CAPITAL GAINS TAX receipts received by HMRC have spiked this year, meaning many people are now having to confront the levy.

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Lloyds Bank warning: Britons targeted by new text scam - ‘don’t fall for it!’

LLOYDS Bank is used by millions of people for their every day and more momentous financial affairs. But many Britons are now being targeted by a new and dangerous scam.

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Working tax credit: DWP confirm the payment uplift will be reviewed in early 2021

WORKING tax credit, along with Universal Credit, saw a £20 uplift introduced earlier on in the year as coronavirus ravaged the economy. Ever since then, the Government has faced calls to make this boost permanent and the Department for Work and Pensions have recently addressed this.

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PIP: Britons may be able to receive payment more quickly - key details explained

PIP, FORMALLY known as Personal Independence Payments, provides support to Britons with disabilities or long-term health conditions. But there is an instance where a person may be able to receive payment quicker.

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Free TV licence claims can be processed before a claimant turns 75 – full details on rules

TV licence rules were changed in August as the BBC decided to end the offering of free licences for most over-75s. Despite this, it is still possible for some pensioners to receive a free TV licence before reaching 75.

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SEISS date: Are applications for third self-employed grant open?

THIRD and fourth Self-Employment Income Support Scheme grants will be available over the next few months for eligible claimants, so are applications for the third grant now open?

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SEISS warning: Britons urged to consider tax burden as third grant applications open today

SEISS applications for the third grant open today, however, Britons who are self-employed have been urged to consider the tax burden of the scheme when they apply.

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Inheritance tax increase warning amid Rishi Sunak's '£14bn raid'

INHERITANCE TAX could be pushed up if Rishi Sunak follows a report which backed major overhauls on tax.

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State pension UK: Qualifying NI contribution rules explained – will your years count?

STATE pension payments are dependant on a person's National Insurance history, with at least 10 years of contributions needed to receive any income. These years must be "qualifying" and there are rules in place which determine if contributions count or not.

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Universal Credit UK: Rishi Sunak warned of ‘tide of poverty’ if £20 uplift not maintained

UNIVERSAL CREDIT serves as an important lifeline to millions of people who need additional financial support. And to that end, the government has been warned continued help is needed to avoid fear this Christmas.

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Bitcoin's bounce-back based on 'real-volume' investment from institutional asset funds

BITCOIN'S bounce-back is based on investment from big institutions such as Guggenheim Investments who plan to pour almost $5 billion into the cryptocurrency.

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