Finance

SEISS fourth grant: Will applications open in February for self-employed grant 4?

SEISS fourth grant: Will applications open in February for self-employed grant 4? The Self-Employment Income Support Scheme (SEISS) has acted as a lifeline for many business owners during the coronavirus pandemic. Chancellor Rishi Sunak announced last year the scheme will be extended until April 2021, which will come as a relief to many businesses trying to navigate the next stage ...

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HM Treasury warned of ‘national scandal’ as FSCS forecasts skyrocket – impacts explored

HM Treasury warned of ‘national scandal’ as FSCS forecasts skyrocket – impacts explored The FSCS is the UK’s official statutory deposit insurance and investors compensation scheme for customers of various financial assets including pensions, bank accounts, mortgages and investments. Where approved financial companies fail, customers with those companies can have their assets protected to certain extents and the FSCS will ...

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Universal Credit childcare rules deemed ‘unlawful’ – thousands of parents may be affected

Universal Credit childcare rules deemed ‘unlawful’ – thousands of parents may be affected The ruling, only if the Department for Work and Pensions (DWP) agrees to change the rules surrounding childcare costs, could affect thousands of parents who need this kind of support.  Ms Salvato commented after the case saying: “I’m over the moon with the ruling, I always felt ...

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Pension warning: HMRC deregisters 770 schemes in crack down on scams – are you affected?

Pension warning: HMRC deregisters 770 schemes in crack down on scams – are you affected? Pension access is an important consideration as many will have significant funds put away for their retirement in their pot. With the financial impacts of COVID-19 felt, some may feel the urge to dip into their pension savings to provide them with extra support in the ...

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Universal Credit claimants could get an extra £812 – budgeting advance explained

Universal Credit claimants could get an extra £812 – budgeting advance explained Universal Credit payments are designed to offer support to people who are either on a low income, or out of work. With many more flocking to Universal Credit due to the COVID-19 crisis, it has undoubtedly become an important lifeline. However, with current plans meaning the £20 a week ...

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