Tag: pension
Pensioners face huge tax raid that could see them lose 64 per cent of pension pots
An exemption that allowed elderly people to pass on a pension pot free of inheritance tax if the holder died before the age of 75 has been removed. …
Overseas retirement dream for pensioners threatened by budget tax change
Changes in the budget mean retirees can no longer take two separate cash lump sums from their nest eggs free of tax or a charge …
Over 55s warned they could face a tax ‘shock’ on their retirement income
Thousands may be unaware of the tax implications of their retirement income. …
HMRC National Insurance warning to boost State Pension before 2025 deadline
HMRC says people risk missing out on higher State Pension payments over gaps in their National Insurance records …
DWP urges one group to make claim before deadline to receive £3,900 and Winter Fuel Paymen
The recent eligibility change to Winter Fuel Payments means that Pension Credit claimants will automatically qualify for a payment of up to £300 …
Expert warns people they have 30 days to reverse pension mistake
Savers looking to return tax-free lump sums back to their pensions may have to act quickly. …
State pensioners born in these years can get extra £916 in pension
Everyone on the state pension could get an extra £916 thanks to a little-known rule …
DWP set to change £300 Winter Fuel Allowance form minister says in update
The Department for Work and Pensions has said it is reviewing a very lengthy form that needs to be filled out to get the £300 Winter Fuel Allowance …
800,000 Brits could stop paying for TV Licence – here’s how
Some people aged over 75 will be able to get their TV licence for free – and all they need to do is make a claim for Pension Credit …
DWP support on offer now worth £3,900 or more to huge number of state pensioners
State pensioners across the UK may be able to claim extra financial help this winter, even as the Winter Fuel Payment is cut back …
