Tag: National Insurance
‘Two-tier’ state pension explained as people born before these dates get £2,700 less
The majority of retirees are still on the basic state pension system, potentially getting £2,700 less than others every year. …
State pension age bombshell as retirement age rise could be ‘brought forward’
A Government review published in 2023 suggested the rise to 68 should be brought forward. …
Rachel Reeves tax raid kicks in as Brits forced to hand over £8bn
HMRC collected an additional £8.6 billion over two months due to the increase in National Insurance contributions and the freezing of income tax thresholds. …
Workers can boost pension savings by £41,200 with 1 change
Workers are being urged to take advantage of a scheme that can maximise their retirement savings. …
DWP urges people born between these dates to take action
The Department for Work and Pensions have issued a State Pension alert to those born between specific dates …
State pensioners claiming before this date can get extra £5,496 from DWP
Eligible pensioners of a certain age can boost their State Pension payments. …
Rachel Reeves swears she won’t hike income tax, NI or VAT – write that down now
When Chancellor Rachel Reeves says she won’t increase taxes, it pays to be sceptical. …
Rachel Reeves ‘to hike UK’s biggest tax’ – she thinks we won’t notice
ANALYSIS: Experts say Chancellor Rachel Reeves will hike taxes again in her Budget this autumn, and it will be a big one. …
State pensioners born in these years urged to get extra £5,496
State pensioners born in these years can claim a maximum of £5,496 extra per year. …
Workers could lose £560 each year in HMRC tax loophole change
Workers face losing £560 each under proposals put forward by HMRC to end two legal methods to avoid tax. …
