Tag: pension
HMRC could hit UK households with homes worth £290k with £82,000 bill
An average family in the UK could be forced to pay a huge inheritance tax bill under new plans from Labour – here’s what you need to know. …
State pension fury as ‘cruel’ change will be ‘slap in face’ for older Brits
A major workers’ union branded the potential change ‘cruel and unnecessary’ and a ‘slap in the face’. …
Brits issued fresh warning over pension contributions ‘myth’
In most automatic enrolment schemes, you’ll make contributions based on your total earnings between £6,240 and £50,270 a year before tax. …
When the DWP will send vital £300 letter to millions confirming payment
The government has confirmed that millions of pensioners in England and Wales will receive a Winter Fuel Payment this winter, with the DWP set to pay out £300 …
New inheritance tax rule change could leave families facing £82,000 bill
More families will face being dragged into the inheritance tax net when rules change in 2027. …
Rachel Reeves ‘to deliver £20bn tax bombshell’
The warning came after figures showed borrowing to fund day-to-day spending hit £42.8 billion in the first three months of the financial year …
Taxman crackdown on pension perks for higher earners
The move follows an internal review which revealed widespread errors …
HMRC inheritance tax takings hit £3.1bn in three months
The trend is set to continue when new policy changes come into effect over the next two years. …
POLL: Should Labour raise UK’s state pension age to 70?
Have your say on whether you’d back an increase to the State Pension age. …
The area of England where nearly 50% of pensioners risk retirement poverty
To cover just the basics, a single person needs around £13,400 a year to pay for essentials like food, bills, and housing. …
