Plus: 'pregnancy penalty' costs start-up mothers 250k
Telegraph Money | The week's most important personal finance news, analysis and expert advice, from pensions and property to investment ideas and savings tips. |
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The Telegraph take | By Sophie Smith personal finance reporter |
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On Monday, dubbed "National Price Hike Day", Britons were hit by price rises totaling more than 4.5bn, or 240 per household. Customers now must pay extra for their council tax, water supply, NHS prescriptions, TV licences and much more. But don't let price increases make a fool of you – our explainer looks at what has become more expensive, and the ways to get around it. This week also heralds the start of the new tax year. In general, taxpayers will have more money in their pocket after increases to allowances come into force. Those selling shares or who own buy-to-let properties, however, will be hit hard. Read our guide to all the changes here. Get all our biggest and best money stories – from tax, pensions, investing and more – for just 2 a week with a subscription to Telegraph Premium. Start your 30 day free trial here.
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Bestselling author Michael Connelly took up writing crime novels when his credit card bills got out of control. Read the full interview here. |
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