It’s been an eye-popping year in politics, and the psychodrama’s sure to continue in 2018. So with all the Tory fighting over Brexit , make sure you don’t forget the big changes they’re ringing this year – some of which will hit your pocket hard. From a cruel benefits freeze to cuts for struggling homeowners, we’ve rounded up the biggest policies coming into force in 2018. Council tax and the pension age are going up while millions more benefit claimants will be put on Universal Credit. It’s not all bad news though – there are rises to the minimum wage and improvements for tenants in drafty homes. And some policies have had a mixed response, like scrapping MOTs for classic cars and a Millennial Railcard. Here are 13 policies, for good or ill, that will burst into life this year. How many of them affect you? 1. Help for 124,000 homeowners on hard times is being scrapped Date: 5 April 2018 Support for Mortgage Interest (SMI) is a benefit for homeowners who fall on hard times and struggle to keep up their mortgage payments. It’s existed in some form since at least the 1980s and is currently paid for 124,000… Read full this story
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