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Inflation at highest rate since 2012

Inflation is at its highest rate since 2012, due to a rise in food and transport prices. 

The Consumer Prices Index (CPI) measure of inflation increased to 3% in September 2017, up from 2.9% in August. 

The September inflation figures are significant as they are used to set some rates for the next tax year. 

The state pension

The 3% rise in CPI...

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Women fail to prioritise life insurance

Three quarters (76%) of women say their families would struggle to pay bills if they fell ill or died, research by Scottish Widows has found.

Despite this the women surveyed were more likely to prioritise contents insurance rather than life cover - 81% thought insuring their possessions was important, compared to 33% who said the same about health and life insurance.

When it...

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Self-assessment paper deadline looms

The deadline for submitting your self-assessment tax return on paper is midnight 31 October 2017.

Those choosing to file a paper tax return must fill in form SA100.

Before you begin, you should have the following information (plus your national insurance number) to hand:

  • P60 year-end certificates 
  • P11D expenses or benefits forms 
  • P45 if...
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Small businesses press on in face of Brexit

Almost three quarters of small businesses are pressing ahead with future plans for growth regardless of the UK’s decision to leave the EU, research has found. 

Retailer Amazon UK polled 1,031 senior decision-makers at small and medium-sized enterprises (SMEs) and found 73% have not delayed key business decisions following the Brexit vote. 

Only 42% of small businesses...

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‘Workers require pension saving targets’

Retirement income targets used in Australia should be adopted in the UK to help workers save for a comfortable retirement, according to a trade association. 

The Pension and Lifetime Savings Association (PLSA) polled more than 1,600 savers and found just 16% knew how much money to save to achieve for an adequate retirement. 

78% didn’t know how to tell if they were on...

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