Tax and retirement stole the show in the money sections this week
The mid-week money sections covered a mixed bag of financial goodies. The Mail and the Telegraph opted to focus on tax and the fiasco that is ensuing since the HMRC revealed it had been making errors on our PAYE forms. James Coney and Becky Barrow warned that this might just be the tip of the iceberg and that experts fear many more people could be hit by unexpected tax demands. The Telegraph continued this theme with five helpful ways to check that your tax bill is correct.
Holly Thomas of the Express looked at retirement and the issue of urging workers to start saving for their retirement as early as possible. Aviva’s latest report has thrown to light that people starting work today will live an estimated 92 years. Harvey Jones in the Express stayed on the theme of the Autumn of life and suggests that pensioners can unlock their home’s spare capital through equity release, which is an increasingly popular option.
The Mirror focused on the dark topic of loan sharks and the outrageous interest they charge (up to 3000%). Campaigning group End Legal Loan Sharking is calling for a cap on rates charged by doorstop lenders and has high hopes that the ConDem government will listen. If you would like to join a campaign about a similarly appalling rate of interest (payday loans) feel free to follow http://2356percent.co.uk/.
The rest of the scores on the board this week were as follows:
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