Benedict Rohan Profile and Articles

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1). Budgeting For Your Personal Finance
Most of us find ourselves having to part with our hard-earned cash almost on a daily basis to just keep ourselves going. Have you ever thought about exactly what you’re spending though? A great deal of people never bother to budget – yet they could find themselves a lot better off by keeping an eye on their income and outgoings. If your finances are starting to get the better of you and you want to know how to manage your money more effectively, read on.

2). Remortgage To Solve Your Debt Problems: It’s Payback Time
It’s payback time: remortgage to solve your debt problems

People in the UK owe more money than ever before. As it becomes easier and easier to borrow, whether in the form of credit cards, loans or countless other personal finance options, we are lured deeper and deeper into the debt trap, often to the point where we face an overwhelming financial burden that we have no means of repaying.

3). Buying Goods Abroad: UK Customs
If you’re planning to bring goods into the UK from travels abroad or from purchasing on the Internet, there are some important customs laws that you should be aware of. Here’s a handy guide to the regulations.

Buying goods abroad

Entering the UK from the European Union (EU): if you buy any goods on which tax was paid in another EU member country, you don’t have to pay any more tax in the UK.

4). The Importance Of Making A Will
Please note: this article applies to residents of England, Wales and Northern Ireland and is provided for general information only. It does not constitute financial advice.

It’s not something that anyone likes to think about, but deciding what happens to your estate when you die is crucially important for ensuring that your loved ones are looked after when you’re gone and that your assets are distributed as you would have wished.

5). Government Benefits – For The Unemployed
The government provides a range of benefits and allowances for those who are unable to support themselves financially, whether they are unemployed and looking for work, on a low income, ill, injured or disabled, bringing up a family, caring for someone or retired. The financial and practical support that you receive from the government will depend on your personal circumstances – there are various different options.

6). Commercial Mortgages: A Concise Guide
A guide to commercial mortgages

What is a commercial mortgage?

A commercial mortgage is similar in principle to a residential mortgage except it is used to purchase a property or to raise capital for commercial purposes rather than domestic purposes. As with residential mortgages, the lender retains rights to the property until the loan is repaid in full.

7). Inheritance Tax, A Concise Guide
With ever-increasing property prices, more and more people’s assets are now worth more than the inheritance tax threshold of Ł285,000, which has never been increased in proportion to the recent property boom. With a rate of 40% inheritance tax on any assets above the Ł285,000 threshold in the estate, this can really put a dent in what your heirs receive from your estate.

8). The Financial Industry: Your Rights As A Consumer
The financial services industry is highly regulated and companies selling financial products or advice must adhere to a stringent set of guidelines set out by the industry’s independent regulatory body, the Financial Services Authority. The FSA has wide-ranging rule-making, enforcement and investigatory powers and your rights as a consumer are well protected.

9). Pensions Guide: Private Pensions
It’s now unlikely that the state pension will be enough to keep you living comfortably when you retire. It provides only basic support, and the government itself is keen to encourage people to save as much as they can to supplement their state pension and give themselves a comfortable income in retirement. Combined with better health in the general.

10). Government Benefits – Helping You Through Injury Or Illness
If you’re incapacitated for any reason and are unable to work, you may qualify to receive certain benefits from the government to assist you. This is one of a series of guides to government benefits, in which you’ll find practical information on the range of benefits that may be available to you.

Statutory sick pay – this benefit is paid to people who are in employment but are unable to work due to illness.

11). Government Benefits – Helping You In Retirement
Unless you’ve managed to build up a large private pension or have a great deal of savings, it’s not always easy to get by in retirement when you’re no longer earning. There are various ways in which the government can help give people of pension age enough money to live on – here’s a concise guide to some of the main benefits.

State pension – this.

12). Pensions Guide: State Pensions
The most important financial decisions you’re likely to make in your life are those concerning your retirement. To have a secure future with a comfortable standard of living after you’ve stopped working, you’ll need to plan your finances carefully.

Pensions are becoming more and more important as people now live longer into their retirement. Lifestyles have also changed – people often take out mortgages later in life than they used to, meaning that they may still have a mortgage to repay when they stop working.

13). Government Benefits – Bringing Up A Family
There’s a wide range of government benefits to support you as you bring up your family if you’re on a low income and need assistance. This is a brief guide to some of the key benefits that you may be eligible to receive.

Child benefit – almost everyone who has a child under 16 (or under 19 and still in full-time secondary education) qualifies to receive child benefit as it’s not means-tested.

14). Government Benefits – For Those On Low Incomes
One of a series examining the different types of government benefits, this guide looks at some of the options available to assist those who’re on a low income and are struggling to support themselves or their families.

Income support – this is a means-based allowance for those who are unable to work full time and have a low income, or who can only work less than 16 hours per week.

15). The Basic Principles Of Vat
VAT (Value Added Tax) is a sales tax, levied on the expenditure of consumer goods and services and business transactions, which is paid by the consumer at the point of purchase and collected by Her Majesty’s Revenue and Customs (HMRC). First introduced to the UK in 1973, it is now a major source of revenue for the government.

There are four different categories for VAT: standard rate (17.

16). Getting To Grips With Isas
The Individual Savings Account (ISA) scheme was set up by the government in 1999 to encourage people to save more money. It allows people to save up to a certain amount each year without paying tax on the interest or income from it. There are various different rules on what you can save and how, so we’ve broken it down into an easy-to-follow guide to give you an overview of ISAs and how you can make the most of them to boost your savings.