Money News from the Cranfield and Marston Vale Chronicle Photo by Philip Veater on Unsplash

Drivers to receive greater protection against rogue private parking operators

Motorists across Britain will have greater protections against bogus parking fines as new measures to clamp down on rogue private parking firms become law.

HMRC warns of landline scams threatening households

Households with a landline number should be vigilant of phone calls from fraudsters pretending to be the tax authority, warns HM Revenue and Customs.

As HMRC has increasingly cracked down on email and SMS phishing, a rising number of criminals are turning to the traditional method of cold-calling publicly available phone numbers to steal money from taxpayers. Often these calls are to landline numbers.

Don’t miss out on the Help to Save scheme

More than 90,000 people have signed up to the government’s new saving account – Help to Save – depositing over £13 million.

The account offers working people on low incomes a 50% bonus, rewarding savers with 50p for every £1 saved.

Over 4 years, a maximum bonus of £1,200 is available on savings of up to £2,400. Over 250 people each day are taking up the offer and customers are making the most of its maximum £50-a-month deposit, saving on average around £47 each month.

New law protects tenants from unfair letting fees

Tenant Fees Act puts a stop to unnecessary, costly fees imposed on tenants by landlords or letting agents
New Act bans unfair letting fees and caps tenancy deposits at 5 weeks’ rent, with ban on fees to take effect from 1 June 2019
Measures expected to save renters at least £240 million a year – or up to £70 per household

Marriage Allowance promoted on Valentine’s Day

HM Revenue and Customs (HMRC) is sharing the love this Valentine’s Day and encouraging married couples and those in a civil partnership to sign up for Marriage Allowance.

More than 3.5 million couples are already benefitting from Marriage Allowance, which was introduced in April 2015, but HMRC estimates around 700,000 couples are still eligible for the free tax break worth up to £238 this year. If their claim is backdated, they could receive a lump sum of up to £900.

7 tips for motorists to stay safe online

7 tips for motorists to stay safe online

With new online scams cropping up all the time, motorists have increasingly become a target for fraudsters. DVLA has revealed that its contact centre received 1,275 reports regarding suspected vehicle tax scams during the last 3 months of 2018.

Majority of mobile consumers overpaying for data

The majority (71%) of mobile customers with a SIM-only plan are overpaying for data they don’t use. Citizens Advice says that this is costing £800 million per year.

Funding of up to £20,000 available to local charities

Applications open for good causes to benefit

Local charities and good causes are being encouraged to apply for funding of over £3million that has been raised by the players of People’s Postcode Lottery.

Applications are open from 6 February until 20 February, where a whole host of good causes from social enterprises to voluntary groups and registered charities are eligible to apply for grants of between £500 and £20,000.

Self Assessment returns: unbelievable excuses and dubious expenses

HMRC reveals some of the most bizarre excuses it has received for not paying tax on time

Most of HM Revenue and Customs (HMRC) customers complete their tax returns honestly and on time but every year it receives some outlandish excuses and expense claims.

Some of the most bizarre excuses HMRC received from customers who missed the Self Assessment deadline include being too short to reach the post box and having fingers too cold to type.

Get the latest Cranfield and Marston Vale Chronicle Money News: Breaking money and scam news for Bedfordshire residents. Photo by rawpixel on Unsplash

Money News and information

Get the latest Money News from Cranfield and Marston Vale Chronicle.The Money News section includes scam alerts tips, advice, and the latest news and events from consumer experts covering the Bedfordshire area.