Category: Finance
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Can I Claim Job Seekers Allowance If I Have Savings?
If you’ve recently found yourself out of work or are worried about losing your job, the question of how to support yourself financially becomes very important. Many people considering applying for Job Seekers Allowance (JSA) often ask: “Can I claim Job Seekers Allowance if I have savings?” This is a critical question because while having…
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The Biggest Mistake Parents Make When Setting Up a Trust Fund UK
Setting up a trust fund is often seen as a powerful and responsible way for UK parents to protect and manage their wealth for the benefit of their children. Trust funds can offer a wealth of benefits, including ensuring financial security for beneficiaries, safeguarding assets from external risks, and potentially reducing inheritance tax liabilities. However,…
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Can I Give My Son £50,000 in the UK? Unwrap the Rules
In today’s economic climate, many parents are looking to help their children get a head start — whether it’s with a house deposit, university fees, or setting up a business. One of the most frequently asked financial questions in the UK is: “Can I give my son £50000 UK?” Giving such a substantial gift isn’t…
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How Much Money Can Be Legally Given to a Family Member as a Gift UK?
How Much Money Can Be Legally Given to a Family Member as a Gift in the UK? Giving money as a gift to family members is a common and heartfelt way to support loved ones. Whether it’s to help your children with a house deposit, assist grandchildren with education costs, or simply share your wealth,…
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Discover How Much Is Stamp Duty for First Time Buyers?
Buying your first home in the UK is an exciting but often daunting experience, and understanding the costs involved can be tricky. One of the biggest questions that often comes up is: How much is stamp duty for first time buyers? Stamp Duty Land Tax (SDLT) can add a significant amount to your upfront costs,…
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How much income can you make and still be eligible for Universal Credit?
With the rise of flexible work and growing financial pressure, many working people across the UK are turning to Universal Credit (UC) as a way to top up their income. But a common and important question arises: How much can you earn and still get Universal Credit? The answer isn’t one-size-fits-all. It depends on a…
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How Long Do You Have to Live in a Property to Avoid Capital Gains Tax UK?
When you sell a property in the UK, one of the most common concerns is: how long do you have to live in a property to avoid Capital Gains Tax UK? Whether it’s your family home, a holiday property, or a rental, understanding the rules around CGT and your main residence can help you avoid…
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If I Earn £1,000 a Month, How Much Universal Credit Will I Get?
If you’re earning around £1,000 a month and wondering how much Universal Credit you will get, you are asking a very common and important question that affects thousands of people across the UK. Universal Credit is designed to help people on low incomes or out of work with their living costs, but its rules and…
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Do I Need to Tell Universal Credit About PIP?
If you’re currently claiming Universal Credit and have recently been awarded Personal Independence Payment (PIP), it’s perfectly understandable to wonder: “Do I need to tell Universal Credit if I get PIP?” The simple answer is yes, and telling them as soon as possible can be not only a legal obligation, but also a financial advantage.…
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What Do You Need to Open a Corporate Bank Account in the UK?
Opening a dedicated business bank account is a crucial milestone in starting and growing a successful company. In the UK, a corporate bank account is not just a convenient tool for managing finances; it’s a legal and professional necessity. Whether you’re a new startup or an established business, having a dedicated account for your company’s…