Difficultly accessing Financial Products?

The MoD are keen to point out that personal finances are an individual responsibility, however, they do acknowledge that Service personnel can experience difficulty in accessing financial products and services. One aspect of the Armed Forces Covenant was to ensure personnel have equal access to commercial services and the MoD have published working to address this…More information »

PAX Insurance Increase

PAX is an optional insurance scheme for Service personnel and their families. As part of the Budget in June this year the Chancellor announced a 1% increase in Insurance Premium Tax from 4 Jan 11. As a result there will be a 1% price increase to the PAX insurance scheme prices. This will take effect from 4 Jan 11 and will be reflected in PAX premiums for January onwards…

For Maximum Tax Benefit, Join before April!

From April 2011 there will be changes to Employer Supported Childcare (Childcare Voucher Scheme) that will affect some employees. If you are a higher rate tax payer and intent to join the scheme, it is to your advantage to do so before April 11! After this date, irrespective of whether you are a higher or lower rate tax payer, the gain will only be at the basic rate tax payer level…
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