The Insane Tax Benefits System

Categories: Taxes

taxcredit_uk

According to a study, married partners who have children can earn £5,000 of tax credits in one year if they decide to live separately or split up. Millions of working families, as stated in the  study by the Civitas think tank, miss out on tax benefits given to single parents.   Urgent reforms are being pushed to put an end to this insane kind of system that works against the betterment and upholding of family life. The study stated that a single mother who ... Read More

Lowest Mortgages Only For Big Time Borrowers

Categories: Banks, Consumers, Taxes

bank_of_england

Cuts in mortgage rates have already been implemented but the unfortunate thing is that they are only offered to those borrowers who have large deposits. The said decrease in mortgage rates is the lowest in five years.    The new buyers who only have below a quarter of the desired property’s value  still cannot avail  of this lending drought benefit.    Standard variable rates and new tracker have gone down to record speed based on ... Read More