Archive: June, 2012

Car insurance renewal nightmare

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Car-insurance-with-no-excess

For new or young drivers, renewing car insurance is an annual nightmare. This year, I was quoted £7,000 to renew my policy – a 430% increase on the current price. With a sigh of relief, after shopping around I’ve since found cheaper insurance at £1,060 per year. Still expensive, but much closer to what I…

Scotland to lead way in Stamp Duty modernisation?

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homeforsale_206_x_155

Stamp Duty, most would agree, is a tax that is badly thought through. Working on a flat rate structure, the difference of just £1 in the purchase price of a property can mean a tax bill that differs by thousands of pounds. Hardly a fair system of taxation is it? But while a few weeks…