Tag: pension
Increase tax-free Personal Allowance to £13,006 with little-known HMRC rule
Brits can reduce the amount of income tax they pay. …
Households given warning over £2,000 pension change
A warning has been issued to households over a £2,000 limit introduced on payments into your pension. …
DWP warning as millions miss out on £5,300 payment – check eligibility now
The payment allows for additional help towards needed expenses. …
Government update amid calls to ‘double’ tax limit for pensioners
Campaigners have called for a new tax code for pensioners …
HMRC issues new pension warning – ‘it could cost you’
HMRC has issued a pension warning to cash-strapped Brits this Christmas, as one practice can land you in trouble and cost you quite a bit. …
‘Game-changing’ additional support for pensions could help millions in UK
The Financial Conduct Authority has said at least 18 million people could be offered extra help with their investments and pensions over the next decade. …
Millions of Britons could be offered ‘game-changing’ help with investments and pensions
The changes are expected to help narrow the “advice gap”. …
FCA launches new tool for pension savers as 800,000 report losing money to scams
The Financial Conduct Authority has launched a firm checker tool after around 800,000 people reported losing money to investment and pension scams in 12 months. …
1 in 3 people don’t understand this key pension rule
Less than a third of Brits understood how it worked. …
People taking lump sum from pension for first time could be owed tax refund of £3,800
HMRC has issued £48.7 million in refunds for overpaid tax on pension withdrawals, with the average refund worth around £3,800 …
