Personal Finance Hub

Rebecca Goodman

A tax adviser or accountant can file your tax return for you, taking a lot of stress out of the process, but using them can come at a price. Learn the benefits and cost of using one.

Laura Whateley

A beneficiary is someone, or several people, who you want to leave your financial and physical assets to when you die. Learn more about beneficiaries and how they are different from executors and trustees.

Laura Whateley

Power of attorney gives legal permission for another person to make decisions about your finances or health if one day you can’t. Learn how it works, and how to produce and register the paperwork.

Laura Whateley

A will explains how you want loved ones to inherit your money, property and belongings when you die. It doesn’t have to be expensive or lengthy to be legally binding – in fact, it’s possible to make a will yourself, provided it has been correctly witnessed and your affairs are not complex.

Laura Whateley

Estate planning helps you to arrange how to leave your money, property and possessions to your loved ones when you die. From writing a will to minimising inheritance tax, here are the building blocks of an efficient estate plan.

Ruth Jackson-Kirby

Building societies are mutual organisations, which means they are owned by their customers. They offer current and savings accounts and mortgages so they can be an alternative option to a traditional bank.

Ruth Jackson-Kirby

The Financial Conduct Authority (FCA) is an independent public body that regulates the financial services and markets in the UK. It aims to protect consumers, maintain the integrity of the industry, and promote competition.

Ruth Jackson-Kirby

The Financial Ombudsman Service, also known as the FOS, is an independent organisation that can help you resolve any disputes you may have with a financial company, after unsuccessfully trying to resolve the matter with the company first.

Rebecca Goodman

When you leave a job you will be given a P45 form which shows how much you have earned and how much tax and national insurance you have paid.

Rebecca Goodman

The SA100 form is filled in by those who are self-employed or have more complex finances and need to report their income to HMRC and calculate their tax bill. You may more commonly hear form SA100 referred to as a tax return or self-assessment form.

Rebecca Goodman

One of the most common tax forms is a P60 and it shows how much you have earned and how much tax you have paid in the previous year.

Rebecca Goodman

To pay income tax in the UK you may need to fill out a tax form, either online, by post, or in person.

Rebecca Goodman

CHAPS is the UK payment system used for transferring large sums of money which are cleared on the same day. We explain how it works and when to use the service.

Rebecca Goodman

There are several different ways you can send money to a person or business overseas including using your high street bank, a foreign exchange broker, or a money transfer firm.

Rebecca Goodman

A Bacs payment, also known as Bankers Automated Clearing Services, is one of the most well-known types of bank transfer in the UK.

Rebecca Goodman

The faster payments service speeds up the process of transferring money from one account to another, so it can be available in another bank account in a few hours.

Brean Horne

If your debts total £30,000 or less, a debt relief order could write them off. First, you need to demonstrate that you’re in financial hardship and eligible to apply for the debt relief order.

Hannah Smith

Dealing with debt can be stressful, but you don’t have to struggle alone. Read on to find out where you can get debt help and how to get your finances on the right track.

Hannah Smith

If you’re stressed or being harassed by creditors, working with a debt charity can give you some breathing space and get you back on track.

Hannah Smith

Dealing with debt collectors can be stressful, but knowing your rights and how to manage them will help you find the best solution. Read on to learn what debt collectors can and can’t do, and the steps you can take when they contact you.