Personal Finance Questions and Answers in The AnswerBank

Seafarers Tax Refund

My daughter works for P & O and has just filled in her Tax Return. She can claim all her tax back as she meets all their criteria. Will this refund be given back automatically? There didn't seem to be...

gazza1102

Bankruptcy.....?

I've recently been sacked from my job. I have various unsecured credit card debts and a mortgage. The credit card debts are in my name only and the mortgage is in joint names with my wife. If I make...

stef33

Statute Barred

Hello A debt company has been perusing me for an unpaid debt which is over 8yrs. I have had no contact with the creditors for this length of time. However the debt company applied for an order against...

brenda

What are

the implications of declaring yourself bankrupt, as far as your future is concerned.? Just trying to help a friend with debts, failed business , negative equity, cc debt and so on.

jamesbean123

Selling a house

When you sell your current property, what taxes do you have to pay to the goverment. The property value is around ?300,000. Thanks

trt

Pension Credit-How much savings are you allowed?

I think at the moment its about ?6,000 but in the last budget it said it was going to let people on Pension Credit have ?10,000, anybody know when this starts? Thanks.

michael007

tax

i returned money to a friend, including interest over ?25,000, i asked if he informed the tax man. My friend said he did, i doubt him. 1 - does he need to tell the tax man. 2 - how can i find out that...

blueroseking

Tax Rebate

I've been at my current job for around 3 months now, first months pay was taxed emergency tax (BR code) which was fair enough, i'd handed in my P45, only recently and it still hadn't gone through, 2nd...

knowabit

Rent increase based on inflation rate

my tenancy agreement has a clause for an annual rent increase of inflation plus 1%. What is usually the average inflation rate each year?

smith68

child support

I three daughters ages 18,16 and 11yrs, its been three year since their father walked out on us, since then he's been 'homeless' sleeping on friends sofas including his mums.In all this time he has'nt...

trt

Do Banks & Pension Company's

If you deposit say, ?15,000 from a private pension into a bank account, are they obliged to inform the Inland Revenue and do the Pension Company do likewise?

Zakirussen

Insurance

I am already ill and would like to get any beneficial policy towards i pay monthly some money and get good ...? I mean to get a good return at the end of policy which could be 5 to 10 years. You...

letsrock

i have debts

i have debts and sharred debts with my ex wife .i had a car on credit which i handed back to the company.I struggled for about 2 years to make ends meet sold the house which just paid off the areas so...

mkjuk

council tax benefit

I earn ?15,000, live on my own and pay around ?50pm council tax. I heard that if you earn under ?16,000 you can claim some council tax benefit. Is it worth doing? How much relief could I expect to get...

jamesmichael

do i need to pay inheritance tax on a house i have been left by my father

Hi, does anyone know the answer to the question above. the house in todays money is worth around 400k. Thanks to all - J

amy07900

can i have more than two mortgages

I currently have a joint mortgage withy my husband. We are seperating and I have moved out. I have found another flat and my dad has agreed to guarantee my new mortgage. The new mortgage company are...

stephen2504

contribution based jobseekers allowance

just posted a similar question earlier today i need to know if people on contribution based job seekers allowance can get help with mortgage ive looked about but it just says people on income based...

dee2912

mortgage please help im clueless

Hi i have got planning passed to build my new house i am getting a contractor in but i know nothing about mortgages any1 got any tips either fixed or rates i wudnt even know a good rate im looking to...