Tag: pension
Labour’s hidden 60% tax trap that leaves 700k Brits worse off than higher earners
The number of workers “punished” by this tax trap has nearly doubled since 2018. …
Martin Lewis urges anyone over 75 to complete form and save £174.50
Mr Lewis has now urged pensioners and their families to check eligibility immediately. …
This pensions stat should startle you – and it could get even worse
Working adults must act now to prevent pain later in life. …
Pension update as HMRC threatens huge 70% tax on lump sum
Savers who took out a lump sum to re-invest after this date could face a nasty surprise from the taxman. …
Rachel Reeves’ pension raid rumours have expats eyeing moving funds out of UK
British expats have been “weighing up their options” ahead of the Chancellor’s Autumn Budget. …
‘One quick check showed I was owed £17,000 – you should try this’
EXCLUSIVE: The discovery has provided the single mother of one a much-needed financial and emotional lift. …
Nine million pensioners to receive crucial DWP letter next month
The Department for Work and Pensions will be sending out letters to millions of pensioners in the coming weeks …
Little-known rule could see Universal Credit payment drop to zero overnight
Universal Credit payments could be in jeopardy if people breach one specific limit, even if it’s unintentional …
DWP letter sent to millions of pensioners over £300 payment
Older people can expect the letter over the coming weeks which will outline how much and when they will get paid. …
Tax increase for pensioners due to Rachel Reeves NI change – experts give verdict
EXCLUSIVE: Financial experts at AJ Bell have given their verdict on proposed changes to National Insurance and Income Tax which would hit pensioners. …
