Category : Search result: ISA penalties


Lifetime ISA penalties cost Brits over £100m

Exclusive: Brits paid £102m in Lifetime ISA penalties last year as the £450k property cap traps first-time buyers. Chancellor Rachel Reeves urged to reform scheme before autumn Budget.

HMRC fines 130,000 over Lifetime ISA rules

New data reveals over 129,000 savers hit with average penalties exceeding £13,500 for breaching Lifetime ISA cash withdrawal rules. Discover how to avoid the hefty charges.

Act Now to Avoid November Budget Losses

With the Autumn Budget on 26 November, experts warn pensioners and ISA savers to take protective financial steps now. Learn how to shield your savings from potential tax changes.

Savers face £200 HMRC bill despite tax freeze

UK savers could pay £200 more tax even if income tax rates stay frozen. Experts warn of frozen thresholds and potential ISA changes in the Autumn Budget. Review your finances now.

Investing vs Saving: Isa Wealth Gap Revealed

HMRC data reveals a stark divide: top stocks and shares Isa pots average £10.98m, dwarfing cash Isas. Discover the power of long-term investing for wealth building.

Protect Your Pension After Tax U-turn

A personal finance expert explains urgent steps to protect your pension and savings following the Chancellor's tax-free cash U-turn. Learn how to mitigate the financial damage.

Barclays £900 Switch Bonus Deadline Approaching

Barclays urges customers to claim up to £900 in switching bonuses for current accounts and ISAs. Deadline for applications is November 28. Expert advice on securing your payment.

Summer driving mistake could cost you £1,000

Drivers are being warned about a common summer error that could lead to massive fines and penalty points. Experts reveal why this dangerous mistake puts everyone at risk.

Government cracks down on unfair council fines

Local authorities across England could be stripped of their power to issue controversial fines for minor offences like putting bins out early or parking offences, as the government launches a major review into 'over-zealous' enforcement.

Nissan partners with BYD to avoid EU emissions penalties

In a stunning industry move, Nissan has partnered with Chinese EV giant BYD to avoid billions in EU carbon penalties, reshaping the electric vehicle landscape and raising questions about Western automakers' survival strategies.

Yellow box junctions earn councils £35m in driver fines

Motorists across Britain are being hit with staggering fines as yellow box junctions generate millions in revenue for local authorities. Discover which councils are profiting most from these controversial traffic traps.

UK's Box Junction Fines: Councils Earn Millions

Motorists face mounting frustration as controversial yellow box junction enforcement leads to millions in fines. Investigation reveals councils earning staggering revenues from penalty charge notices.

MPs: Cash ISA cuts won't boost stock market

Cross-party MPs challenge Chancellor's plan to slash cash ISA limits, warning the move will fail to boost London's struggling stock market and could harm ordinary savers.

F1 toughens cost cap penalties for 2025 season

Formula 1 is set to introduce tougher financial regulations with harsher penalties for cost cap breaches starting from 2025 season, changing how teams manage their budgets.

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