Starting January 1, 2025, eligible first-year tertiary students from regional or remote areas can claim the Tertiary Access Payment (TAP) to ease the financial burden of relocating for study. Whether you’re moving to start university or vocational training, TAP offers up to $5,000 to help cover your transition costs. This guide covers everything you need Continue reading
Sophie Wilson
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.
Major Changes Coming on January 1, 2025: Boosts to Centrelink Payments and More
As the new year unfolds, Australians can expect a wave of changes impacting welfare payments, price adjustments, and government regulations. Among the most significant updates are increases to Centrelink payments, benefiting more than one million Australians starting January 1, 2025. Here’s a breakdown of these changes and what they mean for you. Centrelink Payments Set Continue reading
$25,000 Tax Deduction Aussies Must Claim Now: ‘Use It or Lose It’
A rare opportunity for Australians to slash their tax bills is about to expire, and it’s crucial to act now to take full advantage of it. This year, a $25,000 tax deduction tied to superannuation contributions will permanently vanish, offering a last-chance opportunity to boost your retirement savings and reduce your taxable income. Here’s everything Continue reading
Unlock Financial Support: How Pension Credit Opens the Door to Free TV Licences, Winter Fuel Payments, and More
The Department for Work and Pensions (DWP) has revealed that an additional 42,500 households are now benefiting from Pension Credit. This vital financial aid not only supplements income during retirement but also unlocks a host of other support measures, including free TV licences for those over 75 and the Winter Fuel Payment, worth up to Continue reading
Unlock Free or Discounted TV Licences: A Complete Guide for Eligible Individuals
Watching TV can be one of life’s simple pleasures, but did you know you might be entitled to a free or discounted TV licence? Whether you’re over 75, registered blind, or living in residential care, there are options to reduce or eliminate the cost of your TV licence. Here’s everything you need to know. Free Continue reading
Maximize Your Benefits: How to Claim Pension Credit Worth £3,900 a Year and Qualify for Winter Fuel Payment
With the cost of living rising, Pension Credit offers a vital financial lifeline for older adults in the UK. Not only can it boost your annual income by £3,900 on average, but it also unlocks additional benefits like free dental treatment, free glasses or contact lenses, and a free TV licence for those aged 75 Continue reading
Get Your Refund Over Argos Children’s Christmas Game Recall
Argos has issued a recall of the Orchard Toys Fun Food Bingo game due to concerns about potential mildew contamination in the included cotton bag. Customers who purchased the game between September 1 and December 23, priced at £10, are advised to stop using the product immediately and return it to any Argos store for Continue reading
Thousands of Pensioners Receive Up to £11,905 in State Pension Back Payments: Are You Affected?
The Department for Work and Pensions (DWP) has identified and corrected significant underpayments in State Pensions over the last three years. Here’s everything you need to know about these errors, the groups affected, and how to check if you’re eligible for back payments. DWP’s State Pension Underpayment Correction: An Overview Since 2020, the DWP has Continue reading
HMRC Issues Crucial Warning for Savers with £5,000 or More: Are You Aware of These Tax Rules?
Managing your savings effectively just became more critical as HM Revenue & Customs (HMRC) has issued an important tax reminder for UK savers. If you have an open savings account and a balance of £5,000 or more, it’s vital to understand how tax rules affect the interest earned on your savings. Here’s everything you need Continue reading
Will Mortgage Rate Cuts Out in 2025? UK’s January Mortgage Market Forecast
The recent decline in mortgage rates has brought a sigh of relief to borrowers, but concerns are mounting over whether this trend will last. With the Bank of England’s base rate expected to remain elevated throughout 2025, here’s what experts predict for the UK mortgage market as we step into January. Fixed-Rate Mortgages: Relief or Continue reading