Osome Review

Osome Review

Our Osome review looks at whether this accounting provider is worth the higher fees and if their personal service lives up to expectation.

Pension Scam Victims Forced To Pay Tax On Losses

Vulnerable consumers claim to have been ‘bullied and criminalised’ by HMRC after losing their pensions. Victims of pension scams have been pushed to their limits after losing their life savings and then being pursued by HM Revenue and Customs for substantial tax bills. The taxman has been described as implacable and relentless, charging people hundreds … Read more

Loyalty Penalties Ban Hits Consumers Who Switch Insurers

New rules designed to protect those who remain with the same insurers will hit consumers who shop around for insurance, the City watchdog has warned. The Financial Conduct Authority (FCA) says a decision to ban the so-called loyalty penalty will save customers a total of £4.2bn over the next decade, but will increase costs for … Read more

Price Rises Spark Fears Inflation Is Set To Soar

If you have bought new clothes, filled the car’s fuel tank or treated yourself to a beer recently, you’ll know what economists confirmed on Wednesday. The price of goods and services, also known as inflation, is rising rapidly. The annual rate of inflation, as measured by the Consumer Price Index (CPI), more than doubled last … Read more

How And Why HMRC Is Helping Itself To Your Money

Her Majesty’s Revenue and Customs no longer uses debt collectors, instead its systems take money straight out of your earnings and pension income. The taxman is using special powers to recover unpaid bills directly from wage packets and pensions because the pandemic has made it impossible to deal with rising numbers of tax debtors in … Read more

How Genuine Are Green Energy Tariffs?

So-called green energy plans supply a third of British homes but the great majority of tariffs may not be as green as their customers believe. Many energy customers on ‘green’ tariffs are unknowingly paying for power from non-renewable sources. A third of British homes are supplied by green energy plans, leading customers to believe their … Read more

Fraudsters Get Off Scot-Free In Epidemic Of Scams

Why it is crucial that the new online safety bill to be presented to parliament next week includes criminal activity such as fraud, scams and con adverts. Scams are sadly a daily hazard of modern life: the email about a puzzling DHL parcel that couldn’t be delivered; the text message from HMRC concerning a Covid-19 … Read more